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Two Ships With U.S. Soybeans Head to China

South American supplies dwindle forcing Chinese to buy U.S. supplies


Two more vessels loaded with U.S. soybeans have departed for China, signaling that buyers may be getting more desperate for supplies amid the prolonged trade war between the nations reports Bloomberg.

South American supplies from the 2018 harvest are now starting to dwindle, and farmers won’t begin collecting the next crop until early next year. That could force some Chinese buying of U.S. shipments.

Read the full report here.

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