U.S. Soybean Farmers Face Bitter Future
Soybean demand has been the biggest casualty of the U.S.-China trade war, and things look certain to get worse for U.S. farmers before they get better. China pushed back against the latest round of U.S. tariffs by pledging to completely suspend purchases of U.S. agricultural products. After late plantings and excessive moisture this growing season, it all adds up to a miserable outlook for soybean farmers. Insights via @CMEGroup https://www.cmegroup.com/at-soybeans-bbg
