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Published April 23, 2014, 10:30 AM

Brazilian soybeans sold by Marubeni to China bound for US

Two Brazilian soybean cargoes initially sold to China have been switched to the United States, according to port and shipping data updated on Tuesday, the first clear evidence that the U.S. is absorbing some of China’s excess Brazilian purchases that were at risk of default.

By: Karl Plume, Reuters

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