New tariffs are in effect in China today.
President Trump has added a 10 percent tariff to all imports. Overnight, China hit back with a 10-15 percent tax on all U.S. farm machinery, oil, coal, and liquid natural gas.
So far, the soybean market seems to be shrugging it off.
The tariffs take effect on February 10th.
Related Stories
The most notable crop changes came in wheat.
Secretary Rollins says the first U.S. calf infected with screwworm responded to treatment and is back to full health.
Global supply routes and U.S. energy inventories remain key factors for fuel markets
Trade estimates point to only modest changes in U.S. grain ending stocks ahead of USDA’s June 11 WASDE report.
Global fiber demand is growing, but cotton producers benefit only when cotton gains value and competes for market share.
The American Society of Farm Managers and Rural Appraisers shares an update on commodity prices and farmland trends in Nebraska and South Dakota.
