date:Jul 09, 2018
r 18 million mt if it runs down its stocks of 9 million mt.
I have been telling my clients that the figure of US demand for next year is going to be 20-25 million mt, said one futures broker who asked for anonymity.
The following outlines four different scenarios of how Chinese crushers could fill the gap.
Brazil imports US beans and sells China domestic beans
Brazil is the worlds largest exporter of soybeans at around 75 million mt this year and is the second biggest producer with a crop of