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US soybean market rattled as China strikes with fresh tariffs
US soybean market rattled as China strikes with fresh tariffs
  • China, which accounts for 50% of US soybean exports, is expected to significantly reduce US purchases.
  • The shift in demand may lead US farmers to reduce soybean acreage and increase planting of corn and wheat.
  • Soybean prices have already dropped, and analysts predict further negative impacts on the price outlook.
April 9, 2025

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