Analyst says tariff impacts felt more at harvest

Analyst says tariff impacts felt more at harvest

Grains and oilseeds analyst Steve Nicholson says China’s tariff on soybeans imported from the U.S. will have more impact after harvest begins.  Nicholson, who is with Rabo AgriFinance, tells Brownfield most of China’s summer soybean imports come from South America, from Brazil mostly, but U.S. soybean market reaction will be greater if tariffs remain into the fall.

“That’s when this could get a lot more bearish if this is not resolved by that point in time,” said Nicholson, during an interview with Brownfield Ag News.

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