Local grain prices responding to lack of China demand

An ag economist says the increased trade tensions between the U.S. and China are starting to negatively impact soybean prices.“We haven’t seen a big response in the futures market, but we have in the cash market,” says Frayne Olson, North Dakota State University Extension.China hasn’t purchased any U.S. soybeans for the new crop marketing year. And Olson says basis levels ...

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