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Podcast: Grain Markets and Other Stuff
Episode: Bessent Says China Hit the 12mmt Soybean Target - Is He Right? Is this a Win for Farmers?
Description: Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links —Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.🇨🇳 China & U.S. SoybeansChina has reportedly completed its ~12 mmt U.S. soybean purchase, according to Treasury Secretary Scott BessentShipments are expected to move by MayFocus now shifts to China’s 25 mmt annual soybean pledge over the next three yearsDespite that pledge, South American soybeans remain more competitive, likely capping U.S. deman...