Brazil has been able to take advantage of the trade spat between the U.S. and China. According to the Brazilian Trade Ministry, December soybean exports totaled 4.2 million metric tons. That’s nearly double the amount sold in December of 2017. Soybean meal exports are also higher.
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.