An analyst concerned about Chinese tariffs on soybeans says the U.S. is not in danger of being phased out of that market long-term.
Don Roose, president of U.S. Commodities in Des Moines, tells Brownfield top South American competitors like Brazil and Argentina face several limiting factors.
“Their infrastructure is nowhere close to where we are. Their political situation is nowhere close to where we are.”
He acknowledges South America can produce huge crops, but Roose says the problem is getting that product to port.
Continue reading Top U.S. soybean competitors into China face obstacles at Brownfield Ag News.
