MercoPress, en Español

Montevideo, April 23rd 2018 - 07:42 UTC

Tag: US soybean

  • Wednesday, April 11th 2018 - 18:35 UTC

    Argentina imports 120.000 tons of soy-beans from United States

    The USDA in its daily export sale reporting system said 120,000 tons of U.S. soybeans were sold to Argentina for delivery during the 2018-19 marketing season

    Argentina, the world’s third biggest soy producer, booked its largest purchase of U.S. soybeans in 20 years on Tuesday after drought cut its harvest, forcing crushers there to turn to imports. The surprise move pushed Chicago soybean futures to a one-month high, in the latest development to upend global soy trading after top buyer China last week proposed tariffs on U.S. imports amid an intensifying Washington-Beijing trade dispute.

  • Thursday, February 22nd 2018 - 09:20 UTC

    US share of global sales of soybean and grains to shrink as South American competition grows

    However US market share will fall below 30% by 2027 due to competition from Brazil, Argentina and Ukraine.

    The U.S. Department of Agriculture sees U.S. corn and soybean exports generally increasing over the coming decade but the U.S. share of global sales will shrink as competition from South American producers heats up, the government said in its annual report.