China Turns to Cheaper Brazil Soybeans After Meeting U.S. Pledge
5 Articles
5 Articles
China Turning to Brazil for Soybeans
(NAFB.com) – China is ramping up its orders from Brazil to fill its soybean needs after it met the initial shipment volume from the U.S. as part of a trade truce with Washington. Over the past week, Bloomberg said Chinese importers have booked at least 25 cargoes of beans for loading mainly in March and April. “At the same time, state-owned companies in China have appeared to refrain from taking American cargoes,” Bloomberg said. “U.S. soybeans …
China Turns to Cheaper Brazil Soybeans After Meeting U.S. Pledge
ADM Investor Services said, “China, the world’s largest soybean importer, has ramped up orders for Brazilian cargoes of the oilseed after meeting an initial shipment volume from the U.S. as part of a trade truce with Washington.
In 2025, growers grew more anxious about Brazil’s edge in global soybean markets
After a year defined by tariff-driven trade tensions, farmers’ confidence in tariffs as a tool to strengthen the farm economy appears to be slipping, according to the latest Ag Economy Barometer released in early January. In December, 54% of the 400 producers surveyed by Purdue University and the CME Group, which operates major agricultural and financial markets, said they expected tariffs to strengthen the agricultural economy, a decline of ab…
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