Source: China – South China Morning PostChina has moved early to lock in soybean supplies from Brazil for September and October, sidelining US exporters from what is traditionally their most lucrative selling period.
The shift underscores Beijing’s growing trade reliance on South America and comes amid renewed political and commercial tensions with Washington.
According to market analysis from Brazil’s Safras & Mercado, traders reported Chinese purchases of roughly 8 million tonnes of soybeans for September and 4 million tonnes for…Read More