U.S. soybean cargo heading to China switches destination amid trade row

11/01/2018

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Hallie Gu and Dominique Patton | Reuters

BEIJING (Reuters) – A vessel carrying soybeans from the United States to China changed its destination to South Korea on Thursday, shipping data showed, amid a trade war that has decimated U.S. shipments of the commodity to the world’s top oilseed importer. The Star Laura, carrying 36,000 tonnes of American soybeans loaded in Seattle in late September, was due to arrive in the eastern Chinese port of Qingdao on Wednesday, according to shipping data on Refinitiv Eikon. The U.S. Department of Agriculture said in mid-October that the size of the cargo was 69,298 tonnes. Read more here