CHINA IMPORTED 5.9 MILLION TONS OF BRAZILIAN SOYBEANS IN APRIL

According to the General Administration of Customs, Brazil’s exported soybeans to China increased by 11.7% in April over the previous year, totaling 5.92 million tons. The rise occurred despite floods that hampered the crop in Rio Grande do Sul. From January to April, Brazil shipped 15.9 million tons, a 72% increase over the same period the previous year. China’s soybean imports from the United States plummeted by 40% in the first four months of 2024, despite a 44% surge in April to 2.45 million tons.
Source: Dinheiro Rural (*Translated by Ia Niani)