Argentina’s soybean export orders surged to a seven-year high this month as Chinese importers bought millions of tonnes of the staple crop during a brief suspension of export taxes, securing more than half of their near-term needs from South America. The rush of orders has rattled the Trump administration, where divisions are deepening over Argentine…
There is a major divide in the American heartland. US farm states are facing a drop in exports of key commodities as Beijing turns to alternative suppliers, primarily in Brazil, as a result of Donald Trump’s trade war. Some farmers, however, want to give the US president the benefit of the doubt that his go-slow…
China has moved early to lock in soybean supplies from Brazil for September and October, sidelining US exporters from what is traditionally their most lucrative selling period. The shift underscores Beijing’s growing trade reliance on South America and comes amid renewed political and commercial tensions with Washington. According to market analysis from Brazil’s Safras &…