Why Trade Policy Won’t Affect Long Term Price of Soybeans
May 03, 2018 at 13:13 PM EDT
China is increasing its soybean output this year amid an ongoing trade war with the U.S. that threatens to curb imports. China is the world’s top buyer and consumer of soybeans, mostly going to feeding its huge livestock sector. But Beijing has threatened to levy a 25 percent tariff on soybean...