Because of Trump's Trade War, the Market Split and Soy Now Has a Brics and a Non-Brics Listing.
Summary by Bichos De Campo
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1 Articles
The world soybean market is in full swing thanks to the aggressive trade policy implemented by U.S. President Donald Trump, as the oilseed now has a BRICS and a non-BRICS listing. BRICS is the Brazilian soybean value, since that country is part of the bloc made up of Russia, India, China, South Africa, Egypt, Ethiopia, Iran, Indonesia and the United Arab Emirates. Thanks to Chinese demand, which is targeting imports of soy beans in Brazil (and, …
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