Soybean Prices Plummet Following Trump-Xi Meeting - Iowa Agribusiness Radio Network
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8 Articles
The customs package covers, among other things, household appliances, toys and live dolphins.
The listing on the Chicago market dropped more US$ 11.5 during the day.The Asian giant ordered that it will not remove the additional tariff to oilseed coming from the United States.In the local market it dropped US$ 6 to US$ 372.5 a ton.
U.S. soybean producers expressed disappointment that soybeans were not included in a new list of U.S. agricultural goods for which China has provided for a tariff reduction. The list includes, in particular, corn, wheat, sorghum, meat, dairy products and vegetable oils. At the same time, American soybeans continue to be subject to a 10% duty in China. The industry believes that this impairs its competitiveness [...] The post Exclusion of soybean…
In the new trade agreement between the US and China, Beijing secured tariff reductions on 1,619 American products while excluding a critical product from the list. Thus, what seemed like an ordinary agricultural product has become one of the strongest bargaining chips in future negotiations.
Negotiations between China and the U.S. impact soy market, which faces falls and uncertainties about the American and Brazilian crop The post soy market presents instability with focus on exports to China apareceu primeiro em Canal Rural.
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