Wires

U.S. soybean shipments to China fall to 10-month low

CHICAGO, Feb 13 (Reuters) - U.S. soybean exports to China fell to their lowest in nearly 10 months as the coronavirus outbreak has raised concerns about demand from the world's top buyer of the oilseed, the U.S. Agriculture Department said on Thursday.

A weekly government report showed that exporters shipped just 69,009 tonnes of soybeans, about one cargo, to China in the week ended Feb. 6. That was the lowest since U.S. exporters shipped 67,113 tonnes in the week ended April 18, 2019.

U.S. traders have been waiting for a pick-up in exports to China since Washington and Beijing inked a trade deal in mid-January.

But U.S. sales have been slow despite the easing of tensions in the tariff fight, with China booking the bulk of its soybean purchases from South America as harvest begins in key exporters Brazil and Argentina. (Reporting by Mark Weinraub Editing by Marguerita Choy)