Soybeans Market Overview The South American markets keep rising as President Trump’s announcement last week that he would impose duties on Chinese steel and aluminum imports caused an immediate reaction from China, which imposed its own import duties on U.S. products. The big fear, however, is that China will ban U.S. soybeans, although that situation is still unclear to the market. While those stocks can get into China, trading houses are concerned about nonregulated or unofficial retaliations. Traders are basically worried that U.S. soybeans arriving there may be found to contain more than 1 percent foreign material (FM). A few months ago, China ruled that any vessel with U.S. soybeans having above 1 percent FM at arrival could e...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, China, Middle East & Africa, North America, South America