Thursday May 28, 2020

  • China made a soybean purchase from Brazil yesterday reminding the American market that they are not the only supplier China has
  • Argentina is looking at low water levels in their Parana River to last right through to September, effecting the flow of grain in their ports and slowing crush productivity in the country 
  • Tensions rise between the U.S and China over Hong Kong protesters and Chinas method of dealing with the protests 
  • Canada is also on sensitive territory with China these days as court proceedings have begun with Huawei executive Meng Wanzhou as the court ruled to move forward with extradition proceedings 
  • Argentine soybean harvest now 93% complete with corn now 85% complete ahead of both crops average pace