Like it matters right now )-:
The supply of #soybeans at #China's ports (3.92 mmt) is RECORD low as of mid-March, replacing the old low of 3.95 mmt from Apr. 21, 2013. This is according to Cofeed data that goes back to Aug. 2010. 3.92 mmt is 37% from mid-Feb, 21% on the year, and 38% from 2y ago.
I'm always wary when I see a chart like this... did something happen to the data? Is it reliable? I see no evidence this is false, but will update if needed. Reuters story out today says the virus has delayed cargoes from Brazil. The USA hasn't shipped much there either so...
NOPA Crush, Feb. 2020:166.288 mln bushels of #soybeansMeal exports 763kt
2020 U.S. #pork sales to #China total 296kt as of March 12, record high for the date. The previous week's record large cancellation of 45.2kt was partially offset by last week's 15.7kt sale. 15.7kt is the largest (confirmed) weekly pork sale to China since the week ended Oct. 3.
Remember it was reported #China bought 94kt of U.S. #pork in the week ended Oct. 10, but we later found out from USDA that it was likely the result of some extra sales from before or some new sellers being included. That's why I said (confirmed).