date:Dec 25, 2012
data overnight and total soybean imports were pegged at 4.16 million tonnes, down 27 per cent on the year but January through November imports were at 52.5 million tonnes, up 11.4 per cent on the year.
The slowdown in soybean imports for China in the month of November and the cancelations this week are both seen as short term negatives but overall demand remains robust.
South American weather looks mostly favorable over the next couple of weeks. Brazil will see showers across most growing re