The world of soybean shipping has turned upside down thanks to the ongoing U.S.-China trade war.
Vladimir Putin is breathing new life into the chicken that kept Russians fed in the dying days of communism.
Archer-Daniels-Midland Co., the 116-year-old agribusiness giant, is shaping up as one of the few crop-trading houses to benefit from President Donald Trump’s trade war with China.
President-elect Jair Bolsonaro, the winner of the runoff, promises to drastically roll back environmental regulations for agriculture, including speeding up deforestation, converting forests into range and cropland.
One analyst says a record large soybean crop and waning exports could push carryout to one billion bu. and that “scares” him.
The Trump administration officially notified Congress that it will start trade negotiations with Japan, the European Union and the U.K. as soon as three months from Tuesday.
Two more vessels loaded with U.S. soybeans have departed for China, signaling that buyers may be getting more desperate for supplies amid the prolonged trade war between the nations.