Soybean shipments from Brazil to China were slightly lower last week at 1.95 million tons. Through July 17, exports to China total 58.4 million tons based on lineup totals, up 3.5% year on year.
Shipments from Argentina have been at a slower but steady pace. Grain shipments have continued, with Argentina shipping 190k tons in July. With 69k tons reported on the Chinese June import data, there is another 805k tons of Argentine corn still to arrive in China.
US shipments remained relatively small,...