ANALYSIS-CHINA'S LARGEST US SOYBEAN BUY IN 2 YEARS BUOYS PRICES, TRIGGERS SALES BY STRUGGLING FARMERS
https://media.zenfs.com/en/reuters.com/2b5d429b6d83a22ea33c2f18095c400f
✍️ The largest U.S. soybean sales to China in over two years have boosted crop prices, with many farmers selling their crops in hopes of cashing in on the uptick.
👉 Largest U.S. soybean sales to China in over two years 👉 Boosted crop prices, triggering a flurry of sales by farmers 👉 U.S. soybeans uncompetitive for other importers like Turkey and Vietnam 👉 China must empty national reserves to make space for U.S. shipments 👉 Farmers selling crops in hopes of cashing in on the uptick
-- #KarlPlume #ScottBessent #BrookeRollins #DonaldTrump #XiJinping #DanBasse #BrianHoops #TannerEhmke #ShermanNewlin #Chicago #SouthKorea #Brazil #Turkey #Vietnam #Decatur,Illinois #business
Loading quoted post…