Grain and soybean exports have been discussed in a big way for the last several years. It started with a trade war with China that began in 2018, its resolution in 2020, leading to a phase one deal that arguably led to a massive surge in Chinese buying, sending prices soaring, to today, where the conversation is very different.
When talking with customers, farmers and market watchers recently, I’ve had a lot of similar questions when it comes to exports and why they seem to matter so much more this year. Just this week the BBC published an article titled “The US is the world’s biggest exporter of corn, but for how long?” A question quickly answered, because the US is expected to fall behind Brazil this year.
