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Trade Dispute's Long-Term Impact

Trade dispute may never be resolved but may eventually find new "normal"

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Doane Advisory Services’ International Report, which includes 10-year forecasts for soybeans, coarse grains, corn, wheat, cotton, and rice for 17 countries or major regions worldwide was recently updated.

According to USSoy.org, the report distills and conveys big-picture trends found in the global data on a semi-annual basis.

The major change from Doane’s last long-term report was the United States-China trade war is still in full force.

It is now believed the trade dispute may never be resolved but may eventually find a new “normal.”

Because the U.S. and China need each other to maintain growth in their respective agricultural economies, the two countries are already softening their positions on agricultural trade.

Nonetheless, long-term damage has occurred to both the U.S and Chinese agricultural economies while South America, Other Asia, and East Asia are the beneficiaries.

Read the full report at USSoy.org.

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