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Oilseeds daily: Brazil's logistics in focus

January 19, 2021 at 1:40 PM , Der AUDITOR
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CHICAGO/HAMBURG. Market and price trends with trade assessments. The US soybean market starts with price losses. Brazil could provide some surprises before the end of January. Vegetable oils decline.

Soy: Brazil's truckers want to strike

Soybeans got off to a weaker start in Chicago. Rain reports for Argentina and Brazil dampened the price development of soybeans. In Brazil, according to AGRural, only 0.4% of the soybean crop had been harvested by yesterday, compared to 1.8% last year. According to the latest weather models, widespread rains will ease the situation in the second half of January. In Brazil, however, widespread trucker strikes could hamper soybean shipments from 1 February. In the USA, many brokers expect China's importers to continue to buy more

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