Busiest U.S. Grains Port Swamped by Flooding as Exporters Await China Deal

By Julie Ingwersen and Karl Plume - March 1 (Reuters) - Flooding and ice buildup on key rivers in the U.S. Midwest has stalled the movement of barges that supply export terminals at the Gulf of Mexico with grain and soy, barge and grain traders said. One lock on the Ohio River became impassable last week, halting vessels moving to and from the Mississippi River until as late … [Read more...]

U.S. Confirms China Soybean Purchase, But No Clarity Over More Sales

By Julie Ingwersen and Humeyra Pamuk CHICAGO/WASHINGTON Dec 13 (Reuters) - U.S. government officials on Thursday hailed China's first meager purchase of U.S. soybeans since its trade war with the United States began in July and said they hoped for, but could not guarantee, more to come. The U.S. Department of Agriculture (USDA) announced private sales of 1.13 million … [Read more...]

Spoils of Trade War: Argentina Loads Up On Cheap U.S. Soybean

By Hugh Bronstein and Karl Plume BUENOS AIRES/CHICAGO, Nov 30 (Reuters) - A ship named the Torrent is nearing the end of a 5,000-mile trip carrying soybeans from the U.S. Great Lakes to Argentina - a journey that only makes economic sense because of the U.S.-China trade war. The ship is scheduled to dock in the Rosario grains hub on Dec. 4, days after the leaders of the … [Read more...]