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Thai Feed Mills Set Their Sights on $2.8 Billion Worth of U.S. Crops Amid Tariff Uncertainties
In a strategic pivot, Thai feed mills are gearing up to import up to $2.8 billion of crops from the United States. This move comes amid rising concerns over trade tariffs that could impact their supply chain. The increasing demand for raw materials has prompted manufacturers in Thailand to look beyond domestic sources, signaling a potential shift in the global agribusiness landscape.
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Argentina's Ambitious Plan to Expand Soy Waterway for Larger Cargo Ships
In a strategic move aimed at bolstering its agricultural exports, Argentina has announced plans to deepen and widen its crucial soy waterway, which serves as a significant artery for shipping the country's agricultural produce. This initiative is anticipated to enhance the efficiency of transporting soybeans—one of Argentina's primary exports—by allowing larger cargo vessels to navigate the waterway.
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