China hopes and Argentine weather adds support. December 28, 2022
This week's news that China is further opening up has been a boon for perceptions of soybean imports, palm/soy usage and pork imports. It is true they are seeing large numbers of cases, which are no longer being reported accurately, but the goverment expects a peak in the problem at some point this specific week. By spring the trade expects a much better situation. China is no longer requiring foreign visitors to undergo a COVID quarantine period as of 1/8. They are also issuing visas for their citizens to visit other countries more actively.
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