Soybean

Gov. Reynolds is traveling to Washington amid escalating tensions with China over tariffs.

Take advantage of basis pricing opportunities in April and May.

China last week announced $50 billion worth of tariffs on American products including soybeans and pork in retaliation for Trump’s plan to impose duties on 1,333 Chinese products.

Other ag groups weigh in, saying tariffs will have devastating impact on ag economy.

Purdue agricultural economists project the outcome of several prospective scenarios in which the Chinese government were to adopt tariffs ranging from 10% to 30% on U.S soybeans.

“Bull in a China Shop” approach to trade will likely spur retaliation against U.S. ag products.