The State of Soy-Trade

  • Release Date: January 17th, 2019

In Iowa Soybean Association’s (ISA) inaugural broadcast of The State of Soy, we can think of no topic more important than – you guessed it – trade! For almost a year, a dispute between the U.S. and China, America’s largest customer of soybeans, has festered. The roller-coaster ride has featured deepening angst between Washington and Beijing; rumors of purchase agreements followed by a short-lived price upturn; followed all-too-soon by lackluster buying and a drop in prices. The results? U.S. soybean sales to China off more than 90 percent this current marketing year. Domestic soybean prices that continue to slide. A potential decline of acres planted to soybeans in 2019. Farmer balance sheets that, well, aren’t balancing – and you get picture. Discussing the situation and what the future may hold for this crop year and beyond are ISA President Lindsay Greiner of Keota, ISA CEO Kirk Leeds and Matt Campbell, risk management consultant with INTL FCStone.

Listen to the podcast