Grain shipments jump 13%, but weaker outlook ahead
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Grain shipments jump 13%, but weaker outlook ahead
Grain shipments to China have jumped 15% y/y, supported by stronger soya bean, sorghum and barley imports. An improvement in trade relations between the US and China has led to a 137% increase in US grain shipments to the country, reversing last year’s weakness. Import demand for wheat, maize and s»»»
Global grain shipments surge by 13% - Maritime Magazine
According to Filipe Gouveia, Shipping Analysis Manager at BIMCO, global grain shipments have increased 13% y/y so far this year, supported by strong wheat, maize and soya bean exports from the Americas and Europe. “Improved harvests across most major exporters have boosted their export surpluses, d»»»
“Shipping Number of the Week” from BIMCO - Maritimes
“Global grain shipments have increased 13% y/y so far this year, supported by strong wheat, maize and soya bean exports from the Americas and Europe. Improved harvests across most major exporters have boosted their export surpluses, driving higher shipments to Asia, the Middle East and North Africa»»»
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