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    Home > Food News > Food Articles > Worried about China buying more US soybeans?

    Worried about China buying more US soybeans?

    • Last Update: 2021-05-07
    • Source: Internet
    • Author: User
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    foodmate.
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    related food information" target="_blank">the United States foodmate.
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    html" class="zdbq" title="Purchasing related food information" target="_blank">purchases of foodmate.
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    html" class="zdbq" title="Soy-related food information" target="_blank">soybean increase in the number, the Brazilian soybean for Chinese foodmate.
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    html" class="zdbq" title="Export-related food information" target="_blank">exports did not decline Risk, all soybeans produced in Brazil in the current harvest season have been sold, and China remains the main export destination.
     
      The comprehensive Brazilian website "Comex do Brasil" and "Notícias Agricolas" reported on April 26 that although the climate situation is still the focus of the Brazilian grain market, China's demand for soybeans continues to be closely watched by Brazilian traders.
     
      Regarding the rumor that “China increased its purchases of US soybeans in March, and this trend may reduce imports of Brazilian products”, the chairman of the AEB believes that China’s substantial increase in the number of soybeans imported from the US will not affect Brazil’s influence on China.
    Market sales, in 2021, Brazil's soybean exports should reach the iconic level of 85 million tons, or even exceed this figure.
     
      He said: “The soybeans currently produced in Brazil have been harvested and all sold, but some of the pre-sold products are still waiting to be shipped.
    Buying products from the United States does not mean much, because all Brazilian soybeans have already been traded.
    In the first three weeks of April, 10 million tons of soybeans were shipped out, and it is estimated that the whole month’s soybean shipments could reach 14 or 15 million tons.
    In this way, by the end of the month, our soybean exports may become the highest in history.
    One.
    "
     
      Castro also explained that Brazil did not ship large quantities of soybeans in January and February due to delays in planting and harvesting.
    He said: "You only need to say that Brazil has soybeans to sell, and the whole world will come to buy from Brazil because the whole world needs soybeans.
    The decline in exports has nothing to do with the Sino-US agreement, nor with any independent agreement in Brazil.
    This is just a The issue of the contract.
    "
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      The comprehensive Brazilian website "Comex do Brasil" and "Notícias Agricolas" reported on April 26 that although the climate situation is still the focus of the Brazilian grain market, China's demand for soybeans continues to be closely watched by Brazilian traders.
     
      Regarding the rumor that “China increased its purchases of US soybeans in March, and this trend may reduce imports of Brazilian products”, the chairman of the AEB believes that China’s substantial increase in the number of soybeans imported from the US will not affect Brazil’s influence on China.
    Market sales, in 2021, Brazil's soybean exports should reach the iconic level of 85 million tons, or even exceed this figure.
     
      He said: “The soybeans currently produced in Brazil have been harvested and all sold, but some of the pre-sold products are still waiting to be shipped.
    Buying products from the United States does not mean much, because all Brazilian soybeans have already been traded.
    In the first three weeks of April, 10 million tons of soybeans were shipped out, and it is estimated that the whole month’s soybean shipments could reach 14 or 15 million tons.
    In this way, by the end of the month, our soybean exports may become the highest in history.
    One.
    "
     
      Castro also explained that Brazil did not ship large quantities of soybeans in January and February due to delays in planting and harvesting.
    He said: "You only need to say that Brazil has soybeans to sell, and the whole world will come to buy from Brazil because the whole world needs soybeans.
    The decline in exports has nothing to do with the Sino-US agreement, nor with any independent agreement in Brazil.
    This is just a The issue of the contract.
    "
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