|
 |
|
|
|||
|
 |
|
Feb. 5, 2026 BrownfieldAgNews reports: Jefferson City, MO -- The soybean markets moved higher after President Trump posted on social media China might more buy more ag products, including 20 million tons of soybeans in the current marketing year. Arlan Suderman with StoneX Group says while China might buy more soybeans, it's a difficult road to climb to do that, and this could be a one-and-done move higher for the markets. "I would certainly say, watch your downside risk. If you do some pricing, use some tools that allow you to recapture if the rally continues." Suderman says U.S. soybeans are more expensive than Brazilian soybeans, and it's unclear if China has the bandwidth told store more. "If you look at the 12 million metric tons they've purchased from us in the current marketing year versus what they already have coming from Brazil, it's difficult to concieve how they could have space for additional soybeans." He says the conversation might complicate future trade discussions between the U.S. and China. "It was our understanding that China was going into the negotiations ahead of the April heads of state meeting, ready to negotiatiate that 25 million metric tons for the next year down, because it's physically difficult for them to do that." Suderman says farmers should stay cautious, because the soybean rally could disappear as quickly as it arrived. Tweet |
|
|
|
|
|
|
|
|
|||||||||||||
