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The Trade War And The 'ABCDs' Of Agricultural Commodities

Nov 28, 2019 at 06:49 AM CST

The profits of the world's leading agricultural companies have suffered under the weight of the trade war between the United States and China. The US is the top producer and exporter of corn and soybeans. When it comes to wheat, the nation is a significant exporter of the grain that is the primary ingredient in bread. China is the most populous nation in the world. Over 18% of the global population lives within Chinese borders. The US tariffs on Chinese exports and China's protectionist retaliatory measures have distorted many commodities prices. Agricultural products have been in the crosshairs of the trade war.