U.S. soybean exports won’t return to their pre-trade war peak levels until the 2026-2027 season as competitors in South America gain global market share.Demand for American soy has taken a hit after China slapped tariffs on a host of U.S. farm goods as part of the nations’ trade war. At the same time, production has increased in rival producers including Brazil, the world’s largest exporter.
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Bloomberg
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