U.S. soybean exports seen dropping to near zero by mid-May
date:Mar 06, 2013
hen logistics in Brazil become more favorable.

He said Brazilian soybeans will win out in the export market as soon as the current 45-day delay at Brazils main port of Paranagua is eradicated. The extreme bottleneck has come about because Brazilian producers are shipping both corn and soybeans to port simultaneously an unusual situation that will begin to correct itself in coming weeks, he said.

Mr. Nelson was definitive about what cheaper Brazilian soybeans mean for the American export marke
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