Chinese demand for soybeans and soy-based food products continues to grow, presenting an opportunity for North American food-grade soybean producers.
The long-term impact of a trade war wouldn’t have a significant effect on soybean prices. In the short-term, however, here’s how much it would cost farmers.
China’s demand for soybeans continues to break records.
The USDA is forecasting a rise up to 100 million tonnes of soybean imports.
It’s been an interesting time in the Chinese pork industry, one that has a profound impact on the U.S. farm commodity industry.
The possibility of China putting tariffs on soybeans is looming in the minds of U.S. soybean farmers. China isn’t ready for a trade war with soybeans.
No one wants a trade war. But if we’re looking to move crop right now, this talk about China retaliating could be a good thing… until the other shoe drops.
Will China retaliate over President Trump’s decision to put tariffs on steel and aluminum? The more important question: Who cares?
China is turning off palm oil imports. Instead, China’s soybean imports are increasing, used for both soymeal and soyoil.