News@lemmy.world · 20 days ago

Trump urges China to quadruple soybean orders

www.reuters.com

Trump urges China to quadruple soybean orders

www.reuters.com

Stamau123@lemmy.world to

News@lemmy.world · 20 days ago

reuters.com

www.reuters.com

cross-posted from: https://lemmy.world/post/34293523

Trump asks China to buy more U.S. soybeans

China-US tariff truce deadline looms

Analysts say quadrupling soybean orders is ‘highly unlikely’

Aug 10 (Reuters) - U.S. President Donald Trump on Sunday urged China to quadruple its soybean purchases ahead of a key tariff truce deadline, sending Chicago soybean prices higher, though analysts were quick to question the feasibility of any such deal.

In a late night post on Truth Social, Trump said China was worried about a shortage of soybeans and he hoped it would quickly quadruple its soybean orders from the U.S.

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TropicalDingdong@lemmy.world
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20 days ago
same problem is coming for corn growers.

I’ve heard corn farmers are expected to lose ~200k a farmer, on average, due to uhhh… reasons (it’s the tariffs and a high yield year)

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