China suspends soybean imports from five Brazilian plants

Dreyfus Co., CHS Agronegócios and Tres Tentos Agroindustrial SA. All four companies have yet to provide official comments regarding the temporary ban. Brazil’s Ministry of Agriculture confirmed that five plants were impacted, emphasizing that more than 2,000 Brazilian facilities remain authorized to export soybeans to China. The ministry stressed that Brazil continues to maintain a “solid and strategic relationship” with its largest agricultural trade partner. The disruption comes at a time when China continues to buy significant volumes of Brazilian soybeans, even though it has recently resumed purchases from the United States following a trade truce. Earlier supply concerns during the US–China trade tensions pushed Chinese buyers to rely more heavily on Brazilian shipments throughout the year. The suspension applies only to the specific affected units, meaning traders can continue exporting through other approved facilities. Some companies with cargoes already en route are ...