Monday, May 4, 2009

Breaking News-RTRS-Several US soy cargoes find new China buyers-trade

BEIJING/SINGAPORE, April 30 (Reuters) - At least two U.S. soybean cargoes have found new buyers in China, traders said on Thursday, after worsening crushing margins and swine flu fears threatened to weigh on trade between the top buyer and seller of soy globally.
Traders said earlier this week that up to five cargoes, or 300,000 tonnes, of Chinese imports had been cancelled.