Chris Pothen, CHS Vice President of Global Grain Marketing North America gave an update on global trade agreements during a presentation at Farmfest.
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The week got off to a very bearish start when the Chinese government asked state owned companies to stop buying U.S. ag products as retaliation for the newest round of tariffs the United States imposed on China.
Soybeans may not seem all that useful in a war. Nonetheless they’ve become China’s most important weapon in its ever-worsening trade conflict with the U.S.