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China Imports No U.S. Soybeans for Third Month; Argentine Arrivals Up 634%
Key Details
U.S. soybean imports fell to zero in November from 2.79 million metric tons a year earlier, data from China’s General Administration of Customs showed on Saturday.
Arrivals from Brazil jumped 48.5% year-on-year to 5.85 million tons, accounting for 72% of total imports, while shipments from Argentina rose 633.6% to 1.78 million tons, or 21.9% of the total.
The world’s top soybean buyer imported 8.11 million metric tons in November and 103.79 million tons in the first 11 months, putting full-year arrivals on track for a record amid strong purchases from South America and a trade truce with Washington.
U.S. soybean imports fell to zero in November from 2.79 million metric tons a year earlier, data from China’s General Administration of Customs showed on Saturday.
Arrivals from Brazil jumped 48.5% year-on-year to 5.85 million tons, accounting for 72% of total imports, while shipments from Argentina rose 633.6% to 1.78 million tons, or 21.9% of the total.
The world’s top soybean buyer imported 8.11 million metric tons in November and 103.79 million tons in the first 11 months, putting full-year arrivals on track for a record amid strong purchases from South America and a trade truce with Washington.
.....https://www.agriculture.com/partners-china-imports-no-u-s-soybeans-for-third-month-argentine-arrivals-up-634-11874186
MAGA!!!11!!
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