CHINA’S MAY SOY IMPORTS FROM BRAZIL HIT HIGHEST MONTHLY TOTAL IN 2 YEARS

BEIJING/SINGAPORE, June 26 (Reuters) – China’s soybean imports from top supplier Brazil soared in May to their highest in two years, according to customs data released late on Thursday, as backed-up cargoes that were delayed by bad weather in Brazil cleared customs.

China, the world’s top soybean importer, brought in 8.86 tonnes of Brazilian soybeans in May, the highest since May 2018 and up 41% from last year’s 6.3 million tonnes, data from the General Administration of Customs showed.

 

Via Successful Farming

 

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