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Montevideo, June 9th 2023 - 05:16 UTC

Tag: soybean shipping

  • Thursday, November 15th 2018 - 09:01 UTC

    Argentina becomes a major importer of US soybeans

    In order to feed its domestic soy-crushing industry, Argentina is increasingly turning to imports, especially after a drought earlier this year hurt crops

    The world of soybean shipping has turned upside down thanks to the ongoing U.S.-China trade war. Argentina, the No. 3 global soy grower, is making major purchases of U.S. supplies. A weekly measure of US shipments to Argentina just rose to the highest in at least 35 years, U.S. government data showed Tuesday.