Us trade soybeans
Exports of Soybeans in the United States increased to 2954 USD Million in August from 2693 USD Million in July of 2019. Exports of Soybeans in the United States averaged 974.95 USD Million from 1989 until 2019, reaching an all time high of 5179.96 USD Million in August of 2016 and a record low of 137.62 USD Million in October of 1990. China’s newly imposed tariffs against U.S. soybeans herald a major trade shift for a crop that’s soared to prominence in recent decades. While the Asian nation is targeting a slew of American farm goods in this round of taxes, soybeans are the top agricultural commodity the country imports from the U.S. by far.