BATON ROUGE — Worldwide demand for U.S. soybeans remains strong in the midst of a trade war, and China still needs America’s soybeans, according to an LSU AgCenter report on trade tensions with China.
“There are, as yet, no signs of slowing global demand for U.S. soybeans, which is positive,” the report says.
In the short term, China will continue to buy U.S. soybeans at a reduced volume, even with the tariffs, but a bigger reduction is likely if the continued conflict becomes a long-term, according to the report.