* China will implement phase 1 trade deal with U.S. – COFCO exec
* China needs to use huge soybean stocks from May-Sept -COFCO exec
* Bad soybean crush margins to remain – COFCO exec
* China’s soybean imports in 2019/20 seen at 87.50 mln T -exec
* U.S. imports to be 13.70 mln T -exec
* Brazil imports to be 63.73 mln T -exec (Adds more comments, background, graphics)
(successfulFarming)