Argentina soyabean crushers have turned to the US to shore up their drought-affected supply again, booking imports of 120,000 tonnes for the 1 September that begins on 2018-19 marketing season. The US Department of Agriculture reported the sale, the biggest transaction between the two nations since 1997. Demand from Argentina could be between 500,000 and one million tons this year, according to analyst John Baize.
Argentina soyabean crushers have turned to the US to shore up their drought-affected supply again, booking imports of 120,000 tonnes for the 2018-19 marketing season that begins on 1 September. The US Department of Agriculture reported the sale, the biggest transaction between the two nations since 1997. Demand from Argentina could be between 500,000 and one million tons this year, according to analyst John Baize.