Soy surge: how Brazil’s bean boom is satisfying China’s growing appetite

From January to July 2023, China, the largest buyer from Brazil's market, imported 54 million tons of Brazilian soybeans, reflecting a 6% increase from the same period in 2022. Shipments to China account for approximately 70% of Brazil's total soybean exports, while the bulk of China's soy market relies heavily on Brazilian produce. To illustrate, […]