Following new threats from Trump to China, the price of soybeans falls in the international market

Soybean futures contracts are trading lower on the Chicago Board of Trade (CBOT) this Wednesday (15), reflecting both the progress of the harvest in the United States, which increases global supply, and the new escalation in trade tensions between Washington and Beijing. The movement continues the losses recorded in the previous session and reflects market skepticism regarding the resumption of Chinese purchases of U.S. grains, following new statements from U.S. President Donald Trump. On Tuesday (14), Trump stated on his social network Truth Social that China would be deliberately avoiding buying soybeans from the United States, in a stance he classified as an "economically hostile act." The Republican even suggested that Beijing's behavior could lead him to "end part of the trade relations" with the Asian country. The statements increased risk aversion and dropped prices on the CBOT. The November contract, the most traded, was operating at US$ 10.04¼ per bushel, falling 2.25 ...