Trump is preparing a $12B aid package for U.S. farmers as China’s soybean imports remain well below the pledged 12M tons. Up to now, China has only purchased about 2.25M tons since late October, leaving a shortfall of roughly 9.75M tons.
The chart highlights the situation, ongoing trade tensions are impacting U.S. agriculture more than anticipated, with farmers feeling the burden through weaker prices and slowing demand.
#TradeWar #USFarmers #Soybeans #ChinaTrade #MarketUpdate