Brazil shipping corn to China and soybean exports increase

Brazil soybean shipments to China ticked up last week at 2.3 million tons. Since the start of the year, Brazil has shipped 60.3 million tons to China, up 3.9% year on year, based on lineup data. Corn shipments from Brazil to China have resumed with 142k tons shipped last week, and at least another 300k tons in the lineup. Argentina shipments of soybeans were small last week at 44k tons, while there were no soybean shipments from the US last week....

 

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