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ASIAN TRADERS NOW TOPS

The world’s top grain trading houses ADM, Bunge, Cargill and Louis Dreyfus have lost their century-old dominance of Brazil’s grains export market to their Asian rivals, data shows.

An analysis of shipping data by Reuters found that Asian trading houses bought 45% of the country’s soybean, corn and soybean meal exports last year. By comparison, the share purchased by the traders known collectively by the acronym “ABCD” was 37%.

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