ASA president fears Chinese soybean demand forever changed

ASA president fears Chinese soybean demand forever changed

The president of the American Soybean Association is concerned about long-term damage caused by the trade war with China.

ASA president John Heisdorffer, a farmer from Keota, Iowa, says—in his opinion—Chinese demand for U.S. soybeans will never be the same.

“I think we’ve lost trade forever, a certain part at least, from China,” Heisdorffer says. “Will we lose it all? No, we’ll get some of it back. But there’s a certain percentage (lost), because they immediately went elsewhere to find soybeans and we’re just not going to get that part back.”

Heisdorffer says South America will be the beneficiary.

Continue reading ASA president fears Chinese soybean demand forever changed at Brownfield Ag News.