this post was submitted on 29 Mar 2025

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33

China absorbs massive Brazilian soy shipments in first quarter (www.reuters.com)

submitted 4 months ago by schizoidman@lemm.ee to c/worldnews@lemmy.ml

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[–] qprimed@lemmy.ml 7 points 4 months ago (1 children)

Current soy volumes being shipped do not yet reflect the effects of the new trade war, the analysts said. They believe an escalation will direct more Chinese demand to Brazil over time, as was the case in 2018.

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