ASA prompts Trump to prioritize soybeans in China trade

“The American Soybean Association urged President Trump to prioritize soybeans in United States–China trade talks, warning that retaliatory tariffs could shut U.S. farmers out of their largest export market heading into harvest,” Total Farm Marketing said.

“Growing productions est. in Russia while slow shipments from the Black Sea region have weighed on prices as of late,” Mark Soderberg of ADM Investor Services said. “Syria is reportedly seeking up to 200k mt of wheat to make up for domestic shortfalls however no tender date has been set.”