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Tag Archives: Soybeans

China COFCO buys several million tons of US soybeans

War warfare was enough to bring Chinese soybean exports from the United States to its lowest level since 2008, with shipments halving by 16.6 million tonnes. However, the two countries agreed in early January on a 90-day ceasefire that allowed China to resume buying. China offered to buy another 5 million tons of US soybeans in the final round of …

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Exclusive: Trump says China 'back in the market' for U.S. soybeans

WASHINGTON (Reuters) – President Donald Trump said on Tuesday that China was buying a "tremendous amount" of soybeans and trade talks with Beijing were already under way, by telephone, with more meetings. and Chinese officials. FILE PHOTO: A man displays imported soybeans at a port in Nantong, Jiangsu province, China April 9, 2018. REUTERS / Stringer / File Photo Trump …

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spoiled spoils of war: Argentina burdened cheap US soybeans

BUENOS AIRES / CHICAGO (Reuters) – A ship named Torrent is nearing the end of a 5,000-mile journey that takes soybeans from the US Great Lakes to Argentina – a journey made solely for US-China trade Economically meaningful is war. FILE PHOTO: A view shows the port of Rosario, Argentina, on January 16, 2016 on the banks of the river …

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Family businesses go bankrupt: tariffs, low prices for corn, soybeans, milk and beef are helping to increase agricultural insolvencies in the upper Midwest

The number of companies filing for bankruptcy is increasing in the upper Midwest. According to a recent analysis by the Federal Reserve Bank of Minneapoli, the trend follows low prices for corn, soybeans, milk and beef. The analysis revealed that 84 farms in Wisconsin, Minnesota, North Dakota, had filed for bankruptcy, South Dakota and Montana in the 12 months that …

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China's tariffs on soybeans fueled US GDP growth

<p class = "Canvas Atom Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Soybeans are weak he has in President Donald Trump's trade war with China, as the country has imposed retaliatory tariffs on its voter base – American farmers – to defend these tariffs, Trump has provided soybean producers …

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China may no longer buy American soybeans

Des Moines Register Published 9:43 pm CT May 3, 2018 | Updated 11:35 am CT May 3, 2018 CLOSE Roger Zylstra harvesting soybeans at his farm near Kellogg, Iowa, and working into the night to catch up after a wet week , Rodney White and Michael Zamora / The Register A worker moves bags of soybean meal at a port …

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Uneasiness is spreading in the agricultural economy, with China targeting US soybeans

To be clear, some farmers support Trump's strategy to hold China accountable for national security concerns on trade issues, but also about unintended consequences and the long-term impact on access to China, a lucrative market with growing middle-class growth, which demands more food. At the same time, it creates a situation where global agricultural vendors such as the European Union, …

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Brazil Soybean exporters will be spewing big profits from US China trade

SAO PAULO (Reuters) – China's proposal to lower tariffs on US agricultural products caused Brazilian soybean prices to peak at record highs Wednesday on expectations of higher export demand. But traders and analysts warned that Latin America could not completely replace US production. FILE PHOTO: Workers harvest soybeans on a farm in the city of Primavera do Leste in the …

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China fires Trump with the threat of tariffs on 106 US products, including soybeans

China imposed tariffs on 128 US goods on 2 April. This move is a retaliation for President Trump's announced tariff rates for Chinese aluminum and steel. (Victoria Walker / The Washington Post) BEIJING – China responded to the new tariffs of President Trump by pushing its own tariffs on 106 US products, including soybeans, aircraft and cars, threatening tit-for-tat Trade …

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