Soybeans, a crucial crop in the U.S., are at the center of the U.S.-China trade war. China has stopped buying U.S. soybeans due to tariffs imposed by President Trump. China is now sourcing soybeans from South American countries, causing fear for U.S. farmers and traders. Trump plans to discuss soybeans at an upcoming meeting with Xi Jinping.

China has bought the majority of soybeans from Argentina, affecting U.S. exports. Argentina will supply short-term needs, but global demand for soybeans is growing. The U.S. remains a secondary player in the soybean market. Market experts are split on what the future holds for U.S. soybeans.

Soybean prices are low, but news of Chinese purchases could boost the market. The industry is closely watching real market fundamentals like cash markets and futures spreads. Traders are uncertain about the future of U.S. soybeans. China’s willingness to buy from other sources raises concerns for U.S. farmers and traders.

Read more at Yahoo Finance: Everything You Need to Know About the U.S.-China Soybean Panic