Brazil Farmers Vie for Soy Contract During U.S.-China Trade War | Successful Farming

SAO PAULO, Sept 10 (Reuters) – Brazilian farmers said they are seeking support to develop a soybean futures contract that would ease deals between Brazil, the world’s largest soy exporter, and top importer China at a time of heightened U.S.-China trade tensions. A growing chorus of growers, analysts, bankers and even a U.S. Department of Agriculture economist said it would make sense to establish such a contract to hedge growing risks as Brazil and U.S. soybean prices diverge.

Source: Brazil Farmers Vie for Soy Contract During U.S.-China Trade War | Successful Farming