Brazil-Soy Production.
BRAZIL.
Brazil is poised to take over most of the worlds soy bean trade, starting in April as the new harvest is reaped in.
Brazil will dominate the market because of the drought conditions in Argentina.
The United States is the worlds leading grower of soy currently, while Brazil is the second largest and Argentina the third, followed by Paraguay.
Brazils soy is already less money than soy from the US, for March deliveries and China has already purchased 610,000 tons so far this year, there will not be sufficient soy from Brazil to satisfy China alone.
Despite the economic down turn there is no sign of the Chinese demand for soy soy slowing down at all.




