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US Soyabean Shipments Rise Further

Grain

US soyabean exports continued their seasonal upturn in late October, climbing to the highest level since November last year at 2.69 Mt in the week ending 26 October, up by 0.17 Mt week-on-week, according to the US Department of Agriculture. Coupled with higher wheat shipments, this helped lift combined exports of corn, wheat and soyabeans from the US to the highest level in over ten months at 3.66 Mt, however this was still well below the year-ago level of 4.13 Mt.