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Argentine crusher Vicentin has lined up 14 ships to import U.S. soybeans, with the first cargo arriving at Rosario in early December, among the first significant Argentine soybean imports from the U.S. in two decades. The flows are driven by the U.S.-China tariff dispute, which has redirected Chinese purchases away from U.S. beans.
Diverted Chinese demand weighs on U.S. soybean export prices while Argentine crushers import beans to fill capacity, reshaping global trade flows and freight routes.
farmtario.comHugh Bronstein, Karl PlumeJan 7, 2019After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
