Chinese hunger makes Brazilian soybeans sweet

The soybean market is undergoing change. The US used to be the top soybean supplier for China, but the trade war has dried up the flow of soybeans from the US to China. As a result, global trade flows and the structure of the global soybean market have changed. China buys most of its soybeans from Latin America. And that continent has made strong advances in the soybean market in recent years.