Although the news of Chinese soybean purchases briefly buoyed hopes for farmers, the Trump administration has vowed to impose new tariffs on Chinese goods and the Chinese government has threatened further economic retaliation. Chinese buyers are turning to Brazil, but some farmers think the country will be unable to sate its voracious soybean appetite in the long term without American imports.
China again cuts off US soy imports
Sign up for Inform SmartBrief
Global fats and oils news
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.