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Two ships with US soybeans head to China as trade war lingers

Two vessels carrying soy beans departed the US for China, which could indicate that buyers are getting increasingly desperate for supplies as trade war lingers between the two nations.

Photo: Norden

Two more vessels loaded with US soybeans have departed for China, signaling that buyers may be getting more desperate for supplies amid the prolonged trade war between the nations.

Star Laura and Golden Empress were loaded during the week ended Oct. 11. Star, which left the Gulf of Mexico, is destined to arrive at China's Qingdao port at the end of the month, and Golden Empress, which left from the Pacific Northwest, is expected to arrive in December, according to vessel data compiled by Bloomberg. Government data shows 65,431 metric tons of US soybeans were inspected or weighed for export through the Gulf of Mexico that week, and 69,298 tons through Puget Sound.

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