Soy shipments; rice auctions; futures recap

Brazil soy shipments to China tracking last year’s pace Brazilian soybean shipments to China increased last week to 2.9 million tons. Exports from Argentina have also increased, with 326k tons. US shipments were relatively small with no exports out of the US Gulf. Based on lineup data from Brazil, there have been 36.5 million tons shipped since the start of the year, which is flat year on year.

Rice auctions see slight uptick There were 601k tons of minimum purchase price rice reserves listed...

 

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