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Brazil sells the most soy to the United States since 2014 -shipping data


5/14/2021
iStock: alffoto
By Ana Mano SAO PAULO, May 14 (Reuters) - Brazil is on track to sell the largest volume of soybeans to the United States since 2014, according to shipping data from maritime agent Cargonave, as the nation helps Americans fill a momentary supply gap.
Increased shipments to the United States show that tight supplies and high prices are forcing soybean users like oilseed crushers and meat producers to change their suppliers to keep operations running.
A total of 238,000 tonnes of Brazil soybeans have been shipped to the United States or will set sail soon, according to shipping data and a source. That includes at least five vessels that will carry 175,000 tonnes to the United States over the coming days from the ports of Barcarena, Itacoatiara and Belém, Cargonave data showed. ....

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