Palm | Kelapa Sawit

BEIJING, Oct 19 (Reuters) - Chinese trading houses are believed to have washed out two or three U.S. soy cargoes for January shipment last week and switched to domestic soy due to subsidies expected to be offered by Beijing, a source with a major trading house said on Monday.
Persistent rains in the United States have delayed the soy harvest and the loading of cargoes due to arrive in China in November, which will further tighten soymeal supplies already tight because of low imports in October, traders said.