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China Scoops Up American Soy After Brazil s Surprise Tax Change

(Bloomberg) A surprise tax change in Brazil, the world’s largest soybean exporter, is prompting Chinese buyers to snatch up US supplies.Most Read from BloombergHunter Biden Convicted of Gun Charges by Jury in DelawareApple Hits Record After Introducing ‘AI for the Rest of Us’Dozens of CVS Generic Drug Recalls Expose Link to Tainted FactoriesPimco Warns of More Regional Bank Failures on Property PainStocks Rise as Solid Treasury Sale Spurs CPI Bets: Markets WrapImporters in China, the top comm

Brazil s Tax Change to Shift Soybean Demand to US, Amius Says

Brazil s Tax Change to Shift Soybean Demand to US, Amius Says
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Soybean Oil Rises With More US Demand Forecast for Biofuels

(Bloomberg) Soybean oil prices rose in Chicago amid speculation that a new biofuels plant in California has received the green light to start operating in a few weeks.Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHong Kong Stocks at 36% Discount Show True Depth of China GloomMorgan Stanley, JPMorgan Say Buy the Dip After Treasury RoutNever Trumpers Brace for New Hampshire ShutoutGloom Over China Assets Is Spreading Beyond Battered StocksThe Phillips 6

The US is losing the race with Brazil for soybean dominance • BusinessMirror

A SEVENFOLD jump in Brazilian soybean shipments to China for next month highlights how the US is losing influence over one of the world’s most important agricultural markets. China, the biggest soybean importer globally, booked at least 95 cargoes of the crop from Brazil for now until the end of November. For next month, there

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