Vegetable Oils Bulletin

Vegetable Oils Bulletin

 

Trade War set Soybeans in China’s Sights 

China upped the ante in the Trade War that isn’t officially a trade war, by targeting high value exports.  Soybeans made the cut as China vowed to place a 25% tariff on the import of soybeans from the US.  Soybean prices moved lower in overnight trading and saw solid follow through at the Board of Trade when the market opened. 

Soybean prices traded down to $9.83½ per bushel for the May…

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