US considers bailout for soybean farmers
US President Donald Trump is considering a bailout of at least $10 billion to help the country’s soybean farmers survive a boycott from China.
The humble soybean has become a flashpoint in the trade war between the world’s two largest economies after Beijing ceased all purchases from the US.
The possible aid from Washington reflects China’s leverage in talks with the US, similar to how Beijing used rare-earth export curbs to extract trade concessions from Washington, analysts said.
China is now reportedly pushing for the White House to roll back national-security restrictions on Chinese investments in the US.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Corn prices rise without responding to China’s new forecast for increased ha...
India’s palm oil imports fell to a five-month low in October
Exports to Algeria and the Middle East contributed to an increase in prices for Uk...
First-crop corn planting in Brazil reaches 60% of planned area
China’s soybean stockpiles are piling up, threatening US export plans
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon