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Home » Tag Archives: Soybeans

Tag Archives: Soybeans

Argentine grains port workers request exports be suspended due to pandemic

Cargo ships being loaded at grain terminals.

REUTERS, March 26, 2020 “A labor union representing Argentina’s grain port workers has urged the gov’t to suspend port operations for 15 days due to the coronavirus. Argentina is the No. 1 exporter of soy products and No. 3 in corn and soybeans.” BUENOS AIRES, March 26 (Reuters) – A labor union representing Argentine grains port workers on Thursday asked …

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China to make billion-dollar investment in Brazilian port of Sao Luis

PortandTerminal.com, November 15, 2019 BRASILIA, BRAZIL – Reuters is reporting that China will make a $1 billion investment in the Brazilian port of Sao Luis via China Communications Construction Company, two sources with direct knowledge of the matter said on Wednesday. During a visit by Chinese President Xi Jinping to Brasilia this week, China is expected to announce a $1 …

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How the Trade War and a Changing China Are Roiling Global Shipping

October 30, 2019 by Bloomberg BEIJING/WASHINGTON –The trade war and China’s economic shift made 2018 a tough year for global shipping and will continue to reverberate through the industry, according to the United Nations Conference on Trade and Development (UNCTAD). Maritime shipping volumes grew just 2.7% to 11 billion tons last year, UNCTAD said in its annual review of the maritime industry, …

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Farmers: “We are not starting to do great again, we are starting to go down very quickly”

Farmer standing in his field

PortandTerminal.com, August 8, 2019 President Trump’s overwhelming support in rural America was crucial to his narrow 2016 election victory. Maintaining farmer’s backing remains critical to his re-election bid, but cracks are starting to show in that support WASHINGTON – As President Trump prepares for his 2020 reelection campaign, the last thing he needs is a big drop in the American …

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China Turns Back to Brazilian Beans After Trade War Escalation

Soybeans being harvested

Bloomberg News, August 2, 2019 Chinese buyers are turning to Brazilian soybeans after another escalation of tensions between the U.S. and China. Buyers from the Asian nation are bidding for Brazilian soy for shipment in August, September and October, according to people familiar with the matter who asked not to be identified because talks are private. China is seeking to …

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“This is the biggest animal disease outbreak we’ve ever had on the planet”

PortandTerminal.com, June 17, 2019 Rain and flooding this spring, as well as President Trump’s trade war with China, aren’t the only forces hurting the Midwest’s corn and soybean farmers. A deadly, highly contagious disease called African swine fever is sweeping through China’s hog farms, literally killing demand for American feed An outbreak of African swine fever, a highly contagious disease …

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US Farmers in shock. China quits buying US soy as tariff war escalates

PortandTerminal.com, May 31, 2019 China, the world’s largest soybean buyer, has put purchases of American supplies on hold after the trade war between Washington and Beijing escalated Washington, DC – China has halted its US soy purchases as the trade war between it and the United States escalates. As the world’s largest soybean purchaser, losing Chinese orders will severely hurt …

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Trade War’s Impact on People: Iowa

PortandTerminal.com, May 27, 2019 Iowa farmers are worried about the upcoming planting season. As the U.S.’s trade war with China escalates, commodity prices like soy, corn and pork are getting hammered. The bills don’t go away. Just the customers. Des Moines, Iowa – “A lot of us think it can’t get any worse, that it can only go up from …

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