date:Jul 09, 2018
f Brazils 139 crushers, which have a capacity of about 63 million mt per year, are close to production centres in the southern and centre-west region of the country miles from ports.
And with freight costs exorbitant as well as an 8% import tax, cost alone will be prohibitive to import beans, let alone the congestion it could cause along the soybean superhighway.
Likely impact: negligible
Argentina imports US beans and sells China domestic beans
Argentina is the third largest producer and e