China's Soybean Order Boosts US-China Trade Hopes
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Sabato
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Chinas largest soybean order from the US in two years signals potential trade thaw, offering hope for American farmers amidst tariff disputes. However, experts caution that Chinas commitment remains uncertain, with processors favoring cheaper South American options. Despite challenges, US farmers are diversifying markets and expanding processing infrastructure, finding new partners in Southeast Asia.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
