DES MOINES, IOWA (RFD-TV) — Brazilian farmers are ramping up soybean production, seizing a new opportunity from the U.S.-China trade war. Farmers in São Paulo are planting more crops, as China looks to Brazilian beans for the first half of 2026. Brazil’s government expects the next harvest to rise by nearly four percent. Analysts say the shift is short-term, but for now, Brazil is cashing in on global trade tensions.
Of course, this all hinges on Treasury Secretary Scott Bessent’s announcement over the weekend that China will buy more soybeans from the U.S. The hope that an agreement is headed our way has sent soybeans higher this week. President Trump and China’s president meet on Thursday in South Korea.
The President’s trip to Asia this week follows a trade mission by the Iowa Soybean Association. Farmers say they were reminded that U.S. soybeans have an international reputation that can be easy to take for granted here at home.
February 22, 2023 10:45 AM
·
February 17, 2023 11:37 AM
·
February 03, 2023 07:01 PM
Justin Wilson’s Crawfish Etouffee is a classic Cajun dish, featuring tender crawfish soaked in a rich, flavorful, and spicy gravy served over rice. Try this Crawfish Étouffée recipe tonight!
December 30, 2022 03:49 PM
·
December 28, 2022 12:30 PM
·
December 21, 2022 12:56 PM
·
November 22, 2022 08:06 AM
·
November 21, 2022 12:06 PM
·
An economist says U.S. ag exports could fall next year due to several factors.
November 03, 2022 10:49 AM
·