Brazilian Bean Bounce Set to Continue As Harvest Improves, China Demand Grows — Panjiva
Más

Panjiva_research_logo

Brazilian Bean Bounce Set to Continue As Harvest Improves, China Demand Grows

Ags - Grains/Beans 162 Brazil 260 China 1758 Cons. Staples - Food/Beverages 395 Tariffs 1169 U.S. 3297

Brazil’s soybean exports are set to climb 8% in 2018 according to the soybean growers’ association due to a better harvest and an ability to reduce inventories in respose to increased demand from China. Year-to-date exports have already risen 9% on a year earlier in the first five months of the year with shipments to China accelerating to a 16% rise in the month. Demand will likely rise further after the imposition of duties on American exports by the Chinese government. Concerns regarding those duties likely drove a 25% surge in Chinese imports in June after a 5% decline in the prior th...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.