American media said that Argentina suddenly canceled the export tax, which allowed them to sell 35 ships of soybeans, about 2.7 million tons. American media pessimistically stated that this means American soybeans will be even harder to sell. Even if both sides eventually reconcile, large-scale exports of American soybeans will not resume until December, by which time Brazilian soybeans will also be on the market, and the opportunity for bulk procurement of American soybeans will be almost nonexistent.
The American soybean industry is a vast economic ecosystem that directly or indirectly affects the livelihoods of hundreds of thousands, even millions of Americans. It is not only farmers in the fields but also a wide range of professionals from processing plants to ports, from research institutions to financial services. It is an important embodiment of the strength of American agricultural economy and a cornerstone of social stability in many American regions. Fifty percent of the soybeans produced in the United States need to be exported, relying on the international market for consumption.
Original: www.toutiao.com/article/1844670848514251/
Statement: This article represents the views of the author himself.