Suderman Analyzes China Import Tariff Announcement and Ag Market Reaction

Wednesday, April 4, 2018

After weeks of speculation, China has announced a proposed 25 percent tariff on U.S. soybeans. China purchases 61 percent of total U.S. soybean exports, and more than 30 percent of overall U.S. soybean production.

Arlan Suderman, Chief Economist with the FCM Division of INTL FCStone Financial Inc., told Hoosier Ag Today that farmers should be concerned as this announcement impacts the near-term markets, however, he doesn’t believe that China can afford to follow through on this threat.

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