Brazil is exporting a combined 120,000 MT of soybeans to buyers in the U.S., shipping data seen by Reuters showed. According to data from shipping agency Williams dated May 26, three vessels loaded with soybeans will leave ports in northern Brazil between June 4 and June 11. The data identifies the buyers as chicken producer Perdue Farms and global grains merchant ADM.
The 120,000 MT of Brazilian soybeans would be the largest imports from the country since 2021, when nearly 178,000 MT arrived in May and June, according to U.S. Census Bureau trade data. The record for Brazilian soybean imports into the U.S. was 1.048 MMT in 2014.
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