Mike Pearson takes a look at the possibilities of delays in soybean exports to China from Brazil.
The potentially massive Brazilian soybean crop was largely expected to be marked for exports to China
China recently suspended exports from 5 companies as shipments failed to meet plant t health standard
China accounts for 30 percent of the exports out of Brazil.
China purchases 3/4 of their soybeans from Brazil.
This shutdown impacts Cargill, AEM and others.
The suspension only applies to to certain manufacturing units.
Any disruption in Brazilian exports to China could impact the markets.
Industry analysts say this could present opportunities for American producers if the exports can't make it to China.
Brazilian authorities say this suspension only impacts a small portion of the soybean crop.
Brazil is expected to remain the leader in exports and that is thanks to Chinese exports who has invested heavily in the export side.
Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Mike Pearson, farm broadcaster and host of This Week in Agribusiness.