News Snapshot:
FORT COLLINS: Troubles in South America could give US soybean exports a lift in the near term, but top importer China is already thinking ahead to next year and booking cargoes of the upcoming US harvest. Chinese interest in new-crop soybeans is not uncommon for the date, but the recent sales are a bit larger than in most years. It is premature to pinpoint export levels for 2022-23, which starts in September, though new-crop sales are respectable thus far due to activity from the traditional buyers: China for soybeans and Mexico for corn. China and unknown buyers may have bought...
