Slow Brazil soyabean harvest will limit exports
A delayed soyabean intake in Brazil is set to restrict export activity in the near term, analysis shows, with volumes expected to pick up later in the marketing year
The slow start to Brazil’s crop year will affect shipments until about March, said a grains consultancy. This comes at a time of higher consumption from China, which is seeing its pig population recovering after an outbreak of swine flu forced a mass culling in 2018/19