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BEIJING (Reuters) – Chinese soybean imports from the United States fell by 99 percent in December, to 69 298 tons, according to customs data released on Friday, pushing imports of the year 2018 to their lowest level since 2008.
This is the second consecutive month that Chinese imports from the United States were virtually parked in the middle of the dispute, although some acquisitions were times while negotiations were under way between the two largest economies in the world. .
US shipments in December fell from 6.19 million tonnes the previous year. China did not import any grain from the United States in November.
For the full year, imports from the United States were 16.6 million tonnes, about half of the 32.9 million tonnes of 2017.
In contrast, China bought 4.39 million tonnes of soybeans in Brazil in December, up 126 percent from 1.94 million tonnes a year earlier, according to data from the General Administration of Customs.
China generally gets the bulk of its oilseed imports in the last quarter in the United States, with the US crop currently reaching the market.
But purchases fell sharply after Beijing put in place a tariff. An additional 25% on US soybean imports on July 6 as part of the trade dispute. To fill the gap, China has intensified imports from Brazil.
Brazilian soybean harvest reaches 13% in advance, according to AgRural
SÃO PAULO (Reuters) – The pace of harvest 2018/19 According to the statement, Brazil has already exploited 13% of cultivated area in soy, announced AgRural Friday.
Until the previous week, Brazilian producers had collected 6%.
The crop is still ahead of the same period last year, while the index was 4%, and also ahead of the historical average (3%).
In Mato Grosso, the harvest reached 29% of the area, while in Paraná it grew by 18%. Goiás has already collected 14%.
"In addition to the steady pace of harvesters, the negative impact of irregular rains and high temperatures in January on the development of several state crops is attracting attention," said AgRural, noting that " this should lead to a further reduction in the production estimate, which will be reviewed by AgRural during the first week of February. "
On the 9th, Brazil's soybean production in 2018/19 had already been reduced by AgRural in 4, 5 million tons, to 116.9 million tons.
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