Brazil soybean exports to China soar
The share of Brazil’s exports destined for China rose to 85 percent in Aug. 7 percentage points above the previous month, following the implementation of Chinese tariffs on U.S. soybeans, the Agriculture Department’s Foreign Agricultural Services said in its monthly oilseeds report.
“This has resulted in higher prices for Brazilian soybeans that discouraged purchases by importers other than China. This trend seems likely to continue and may strengthen in the coming months,” FAS said.
For more information go to https://apps.fas.usda.gov/psdonline/circulars/oilseeds.pdf.
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DENVER — The National Western Stock Show is back and is seeking 200 volunteers to be a part of the 116th Show, Jan. 8-23, 2022.