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U.S. Soy Exports Lose Ground to Brazil on Protein Gap
Global meat demand grows while Brazil expands soy exports. U.S. soybeans show record shares, but protein content has fallen to 34.1 percent per bushel, the lowest since 1986, widening the quality gap with Brazil. Brazil’s shipments surge, with 87 million metric tons projected this season, and Chinese imports rise, boosting Brazil’s export dominance despite U.S. demand.
MENTIONED IN THIS ARTICLE
Brazil
U.S
South America
Europe
Midwest
China
Sergio Mendes
Anec
Sao Paulo
Dan Basse
AgResource Co
Chicago
U.S. Department of Agriculture
USDA
Basse
Vinicius
Ecom
New York
Seth Naeve
University of Minnesota
Equator
Naeve
Argentina
India
American Society of Animal Science