U.S. Soybean Exports Plunge, No Recovery In Sight, Farmers Are Concerned About Tariff Man | WHAT REALLY HAPPENED


U.S. Soybean Exports Plunge, No Recovery In Sight, Farmers Are Concerned About Tariff Man

Despite earlier good news on the US-China trade deficit, U.S. soybean exports have plunged to their lowest levels since the early days of the U.S.-China trade war in what is an alarming sign for farmers pleading with the Trump administration to resolve all trade disputes.

Current data from the U.S. Department of Agriculture (USDA) revealed that the total U.S. soybean exports reached 460,700 metric tons last week, down from 888,700 tons in the previous week and just above 446,500 tons in the same week a year ago. Of the soybean shipments last week, only 130,200 tons were loaded on vessels for China.

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