Paraguay's Delayed Soy Exports Hit 1.13M T In May, Up 34% Vs Month Earlier
Portfolio Pulse from Benzinga Newsdesk
Paraguay's delayed soy exports reached 1.13 million tons in May, marking a 34% increase compared to the previous month, according to data shared with Reuters.
June 11, 2024 | 2:12 pm
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POSITIVE IMPACT
Bunge Limited (BG) may see a positive impact on its revenues due to the significant increase in Paraguay's soy exports in May.
Bunge Limited is a major player in the global agribusiness sector, and an increase in soy exports from Paraguay could positively impact its supply chain and revenues.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50