China just bought 3 million metric tons of American soybeans

• China purchased more than 3 million metric tons of US soy this week, reports said.
• The move nods to a bigger appetite than expected for the commodity as top-producer Brazil faces headwinds.
• Reuters reported that Tuesday saw China make the biggest one-day purchase of US soybeans in months. 

China this week purchased more than 3 million metric tons of American soy, good for the biggest single-day purchase in at least three months.