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Graphic toont Amerikaanse en Braziliaanse soja-export naar China.
GN38667NL

BUSINESS

Brazilië vaart wel bij China’s tekort aan sojabonen

January 8, 2019 - De Amerikaanse export van sojabonen naar China – ’s werelds grootste markt – is totaal ingestort. Boeren zitten met een overschot van 125 miljoen ton, en de soja-export uit Brazilië stijgt tot grote hoogte, zo meldt de Amerikaanse Federal Grain Inspection Service.

In 2017, the largest soybean supplier to China was Brazil at 54 million tonnes, followed by the United States at 32 million tonnes.

However, after the Trump Administration imposed 25 per cent duty on $50 billion Chinese products in May 2018, Beijing responded with 25-per cent tariffs on soybeans. These tariffs resulted in soy exports to China between September and December shrinking to just 341,000 tonnes of a record 125 million-tonne crop, compared with 18 million tonnes in the same period of 2017.

Chinese purchasers are now looking to Brazil to make up the shortfall. Figures from the Brazilian National Association of Grain Exporters (ANEC) showed that in 2018 Brazil sent 82% of its global soy exports to China, reaching 80.1 million tonnes -- an increase of 48 per cent -- at the expense of U.S. farmers.

Soybeans led U.S. agricultural product exports with $21.6 billion and 15.6 per cent of total U.S. agricultural exports ($138.5 billion) in 2017. The U.S. exported soybeans worth $12.4 billion to China in 2017.

Sources
PUBLISHED: 09/01/2019; STORY: Graphic News; PICTURES: Associated Press
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