China already gets most of their soybeans from Brazil
Posted on: April 5, 2018 at 11:38:51 CT
Spanky KU
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Brazilian soybeans are higher quality and lower priced.
Brazil took over from the United States in 2012 as the top supplier to China, with its exports often attractively priced as it relies on overseas markets for sales due to limited domestic demand and storage. Brazilian beans also boast higher protein levels than U.S. supplies, making them more attractive for animal feed producers.