Farms.com Home   News

Soybean Farmers React To Trade Deals

By Will Bauer
 
A phase one trade deal with China has Nebraska’s Soybean Association president cautiously optimistic.
 
President Trump announced the agreement with China on Friday morning. NPR’s Scott Horsley reports the deal suspends $160 billion of tariffs that were scheduled to go into effect this Sunday. The deal also drops September 1 tariffs on Chinese goods from 15% to 7.5%.
 
 “I’m optimistic," Nebraska Soybean Association president Robert Johnston said. "I think all soybean producers in the state and the nation have got to be optimistic. I think we still need to be cautious also.”
 
 
Click here to see more...

Trending Video

Crude Oil Futures Plunge 13% as Stocks Rally to Record Highs on Headline News- the Strait of Hormuz!

Video: Crude Oil Futures Plunge 13% as Stocks Rally to Record Highs on Headline News- the Strait of Hormuz!


WTI crude oil drops $12 as Strait of Hormuz reopens temporarily. Stocks higher, U.S. $ Index lower.
Farm Bureau fertilizer survey = farmers waiting too long to book fertilizer.
KC wheat futures new contract highs as drought expands. USDA crop progress shows KC wheat conditions at 45% poor/very poor! 14-day U.S. weather forecast remains dry for U.S. Plains/SE but wet for Midwest & cooler by end of the month.

Bitcoin resilient despite the war in Iran + canola margins at record highs.

Cattle of Feed Report and more.