Brazil locking in Chinese soybean connection while tariffs stifle U.S. exports

Brazil and China are coordinating to create an exclusive soybean production model that will ensure Brazilian soybeans are cultivated to meet Chinese sustainability and quality standards, an arrangement the head of the U.S. Soybean Export Council says shows Brazil is trying to catch up with U.S. practices -- while Agriculture Department officials say it could reduce U.S. market share. In a June 23 report , USDA’s Foreign Agricultural Service says Brazil and China “are in the initial stages of potentially...