Brazilian soybean advantage has days numbered? Consultant analyzes future scenario

The President of the United States intends to launch a package of aid to American farmers between 10 and 14 million dollars to compensate for losses generated by the trade war with China. The focus will be especially on soybean producers, a sector suffering from the 34% tariffs applied by China since April. Watch for all the details: Since May, no soybeans from the current U.S. crop have been purchased by China, generating internal stockpiles and losses for American producers. "We are facing the third consecutive year of negative margins on soybeans in the U.S., the largest in the historical series, with impacts also on other grains, such as cotton. Only corn has not been impacted," explained agribusiness consultant Carlos Cogo. Cogo stresses that this situation has opened opportunities for Brazil. In September, the country exported 72.7 million tons of soybeans to China, which represents 77.4% of Brazilian exports. "The tariff imposed by the U.S. raised the premiums paid at ...