Crop-Trade Routes Altered as Ida Disrupts U.S. Exports
- China soy buyers are looking to Brazil to sidestep U.S. woes
- Lower Mississippi is key export region for corn and soybeans
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Hurricane Ida’s lingering impacts to the busiest U.S. agricultural port is showing early signs of altering crop-trading routes.
China soybean importers began shifting orders to agricultural powerhouse Brazil for a shipment in October -- during the U.S. harvest when American supplies are the biggest -- after Ida damaged a key export terminal and left others without power.