date:Jul 05, 2018
Thats likely to change later in the year.
There will be a supply deficit from the fourth quarter as crushers wont have enough supplies if they dont take U.S. soybeans, Gao said. Brazilian supplies fall to seasonal lows in the first and fourth quarters a period when Chinas imports are normally dominated by the U.S. The CNGOIC expects Chinese companies may need to import at least 10 million tons from the U.S. when South American supplies run down.
If China intends to keep their crushing plant op