Where Soybean Markets Have Shifted
Soybean markets are moving. Let’s take a look. Soybean Markets. Tariffs created gargantuan movement in U.S. soybean markets. On the demand side we had China at the top as the previous pre-tariff purchaser of more than half of the U.S. soybean crop. Next, buying much less, there are the European Union and Mexico. And lastly, we have newly ascending participants that include Vietnam and Cambodia, Bangladesh and Egypt. As China replaces the U.S. crop with soybeans from Brazil and Argentina, WSJ tells us about U.S. farmers’ attempts to develop new markets. ….[READ]
Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by budgetbuddy.
Publisher: Source link
Publisher: Source link
