Soybean shipments out of Brazil to China continue to be large with small volumes continuing out of Argentina. No shipments have been coming from the US.
Reuters reported that an initial test cargo of 30k tons of Argentine soybean meal will be shipped to China in July.
Vessel lineups for Argentina and Uruguay had three soybean meal cargos totaling 71k tons shipped in June with a destination listed as China, although this could be an error. The vessels are currently headed to Singapore, so it’s po...