The chief marketing economist for StoneX Group says he’s expecting China to buy more soybeans from Brazil in the next crop marketing year.
Arlan Suderman says China is a price conscious customer and when Brazil produces a record large crop with nowhere to put it other than the marketplace, prices will be better than the United States.
“China increased their imports of Brazilian soybeans by 12 million metric tons over the previous year, while decreasing U.S.
