Reported about 18 hours ago
US farmers are experiencing a significant surplus of soybeans this fall, exacerbated by China's withdrawal as a major buyer due to retaliatory tariffs imposed amid the trade war with Trump. With no shipments from China this harvest, American soybean growers are left with vast amounts of unsold crops and concerns that China may increasingly turn to Brazilian and Argentine supplies in the future, creating uncertainty in the market and jeopardizing their income.
Source: YAHOO