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jsonstein@masto.deoan.org ("Jeff Sonstein") wrote:
China completely halted purchases of US soybeans, leaving American farmers without their largest buyer as harvest season begins. This represents a catastrophic $12.5 billion market loss for US farmers. China accounted for >50% of America’s soybean exports before Trump’s tariffs triggered retaliatory duties. Brazil & Argentina have filled the gap, with Brazil exporting a record 2.474 billion bushels while Argentina’s elimination of export taxes prompting immediate Chinese purchases