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Montevideo, September 22nd 2023 - 06:05 UTC

Tag: US soybean export

  • 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.

  • Saturday, November 4th 2017 - 10:40 UTC

    Brazil becoming main supplier of soybean to China at peak US marketing season

    China, the top importer of US agricultural goods, ships in more than 60% of the oilseed traded worldwide.

    Brazil is expected to win a larger share of China’s soybean imports in coming months, hitting U.S. exporters during the peak marketing season for their most valuable farm product as the world grapples with a fifth consecutive bumper crop.