Caixin
Nov 17, 2021 05:10 PM
BUSINESS

China Is Buying More Brazil Soy in Signs of Shifting Trade Flows

(Bloomberg) — China is making big purchases of soybeans from Brazil, an unusual move for this time of year.

The Asian nation needs soybeans to feed its expanding hog herds, and November is a prime time for the U.S. to sell its crops, having just finished the harvest. Supplies are at their peak and American prices should be the most attractive in the world.

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