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US soybean exports may drop 20% and the prices paid to farmers will plunge if the United States and China fail to reach a deal in their trade dispute limiting US soybeans from its largest market, according to agribusiness consultants AgResource on Wednesday. US soybeans exports could slump to 1.5 billion bushels from an initial estimate

China’s soybean imports recently fell to a 12-year low, and trade estimates suggest overall consumption could remain sluggish by mid-year. But the largest supplier, Brazil, has had a record harvest, and its latest exports to China have reached an all-time high. So how does it all fit together? According to Reuters, China’s soybean import data

Understand how the new agreement between the two countries can influence the global soybean market and Brazilian exports