• Quand la guerre commerciale É.-U./Chine tourne au délire : les exportations de soja des É.-U. vers la Chine étant interdites, c’est l’Argentine qui s’y colle et… 3ème producteur mondial !, importe le soja américain.

    C’est bon pour le transport maritime en vrac, …

    Soy Trade Goes Topsy Turvy as Major Exporter Turns to Imports - Bloomberg
    https://www.bloomberg.com/news/articles/2018-11-13/soy-trade-goes-topsy-turvy-as-major-exporter-turns-to-imports

    The world of soybean shipping has turned upside down thanks to the ongoing U.S.-China trade war.

    Argentina, the No. 3 global soy grower, is making major purchases of U.S. supplies. A weekly measure of American shipments to the Latin American nation just rose to the highest in at least 35 years, U.S. government data showed Tuesday.

    With China shunning U.S. supplies, the Asian country is soaking up oilseeds from everywhere else. Argentina usually processes its beans at home before sending soy meal and oil abroad. Now, enticed by China’s voracious appetite and a changed domestic tax structure, the country is shipping more raw soy, with some analysts predicting exports could quadruple.

    In order to feed its domestic soy-crushing industry, Argentina is increasingly turning to imports, especially after a drought earlier this year hurt crops. Meanwhile, U.S. oilseed supplies have gotten relatively cheap. With China out of the market, demand for American beans has turned lackluster at a time when harvests are booming, signaling a surge in inventories. That’s good news for Argentine buyers.