U.S. Soybean Exports Surged Last Quarter

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1989TransAm
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U.S. Soybean Exports Surged Last Quarter

Post by 1989TransAm » Fri Jul 06, 2018 6:33 pm

Someone on here was saying that President Trump was ruining the soy bean market. :D

"U. S. soybean exports surged in the second quarter, delivering an outsize boon to economic growth even as China shifted much of its sourcing to Brazil in response to its worsening trade relations with the U.S.

The value of soybean exports nearly doubled in May from April to a seasonally adjusted $4.14 billion, driving the U.S. trade deficit to its narrowest margin since October 2016, the U.S. the Commerce Department said Friday. Weekly data on grain shipments from the Agriculture Department show export volumes may have been even stronger during much of June."

https://www.wsj.com/articles/u-s-soybea ... cle_inline

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