But not everybody’s suffering. In a recent research note, economists from market-research firm TS Lombard observed that “global trading firms will easily skirt China’s soybean tariffs and leave U.S. growers the primary losers” and that “the big winners will be Brazilian farmers and the big grain companies.” That’s because China consumes 60 percent of the soybeans produced around the world. The country still has a strong need for soybeans, which are crushed to feed its huge livestock industry. With the tariffs rendering U.S. soybean prices suddenly uncompetitive, China is turning elsewhere—especially to Brazil.
We have a 29 year track record of successful calls. Many of these calls combined economic, political and market analysis.READ MORE