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Soybean Futures' Momentary Jump Following Trump Social Media Post Shows Potential for Exports

Summary by Agweek
SIOUX FALLS, S.D. — Soybean futures jumped to a two-week high following a social media post from President Donald Trump on Truth Social. In the post on Sunday, Aug. 10, Trump said that China is worried about its soybean shortage and he encouraged China to quadruple its soybean orders as a way to reduce China’s trade deficit with the United States. The next day, the two sides extended their tariff truce by 90 days. By Thursday, Aug. 14, the soybe…
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agrobiznes.md broke the news in on Wednesday, August 13, 2025.
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