U.S. Soy Exporters Say the Loss of Chinese Market Share May Be Permanent
- Demand from non-Chinese buyers won’t fill gap, group says
- China may cancel undelivered orders amid trade spat: Huckabay
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It’s increasingly unlikely that American farmers will fully regain their share of the lucrative Chinese soybean market, a U.S. industry group said.
U.S. exports of the oilseed to the biggest importing nation have plunged in the year since the world’s two largest economies begin tit-for-tat tariffs.