Brazil to Import 1 Million Tonnes of Soy from U.S., Says Trader | Successful Farming

SAO PAULO, Sept 25 (Reuters) – Brazil, the world’s No 1 soy exporter, is expected to import around 1 million tonnes of the oilseed in coming months from its largest global competitor, the United States, as local supplies dwindle, according to Sao Paulo-based grain trader Agribrasil.It would be the first time that the South American nation, an agricultural powerhouse, needs to import large volumes of soybeans from the United States – a result of massive exports by Brazilian soy producers to China in recent

Source: Brazil to Import 1 Million Tonnes of Soy from U.S., Says Trader | Successful Farming