00:00China is urging the United States to remove what it calls unreasonable tariffs and create conditions to expand trade.
00:08Beijing has so far avoided buying U.S. soybeans this autumn, turning instead to Argentina, where temporary tax cuts have made prices more competitive.
00:18Hopes for a turnaround faded after a recent call between U.S. President Donald Trump and Chinese President Xi Jinping, which produced no new agricultural trade agreements.
00:27The shift has already cost American producers billions in lost sales halfway through their peak marketing season.
00:35According to traders, China has booked nearly all its October soybean purchases and around 15 percent of its November needs, all from South America.
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