Last month I wrote a post about Soybeans,
All Eyes This Weekend On…..Soybean Prices – Part 2
But China counter at the beginning of the trade war last year was to reduce dependence on American soybeans.
However, China doesn’t have the means to increase their domestic production of Soybeans and had to result to South America. South American filled in the balance momentarily, but they couldn’t keep up with China’s appetite. Regardless of whether the resumed purchase of soybeans was part of the negotiation or China’s relentless appetite for soybeans, it’s a win for American farmers.
Today, I want to pay a little homage