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Argentine soybean purchases by China in the first five months of 2017 totaled about 200,750 tons, down roughly 48% from a year earlier. Brazil and the U.S. gained share, with Brazil shipping about 16.8 million tons and the U.S. about 18.7 million tons, up around 20% each.
Argentina's weak export flows to China shift Chinese demand toward Brazilian and U.S. beans, supporting those origins' export prices while Argentine soybean values stay under pressure.
abogadointernacional.wixsite.comNote in English, ChineseJul 21, 2017After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% 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.
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.
