GFM Network News

There are a lot of ships, like this one at Tiplam terminal in Santos, loading Brazilian soybeans for shipment to China this spring. The country has been the largest purchaser of American soybeans but stopped buying in early April after being threatened with U.S. tariffs.

While U.S. soybean growers fret, canola keeps shining

China has stopped buying American soybeans, while canola trade is comfortably boring

A potential U.S.-China trade war has American soybean growers anxiously watching the horizon, but it looks like smooth sailing for canola markets. “Canola is a high-quality oil that processors would use more of if they could get their hands on it. This does encourage more growth and also the increase of crush capacity we’ve seen […] Read more