WEB Notes: Oh yes, those Trump Tariffs, we all remember those. I am sure the US Soybean farmers are joyed. Notice how this subject has fallen from the news coverage as a whole. What are the economic numbers, has the tariffs helped solve any problems or simply escalated them…
China, the world’s biggest soybean importer, almost tripled purchases from Russia amid a trade dispute with the U.S., the biggest producer.
Russia sold about 850,000 metric tons of soybeans to China from the start of the 12-month season in July through mid-May, according to Russia’s agriculture agency Rosselkhoznadzor. That’s more than during any season before and compares with about 340,000 tons sold during all of the previous period, Chinese customs data show.