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China's Switch to Russian Soybeans No Match for U.S. Farmers

Russian exports will grow even after U.S.-China trade war

Soybeans 161205

Russian soybean exports to China have been growing rapidly in recent years, reports Successful Farming.

In fact, in five years they increased 51 times. But such pace mainly reflects the fact that a few years ago there were almost no exports.

Russian exports are likely to grow even if the trade war is over. However, it’s not going to happen fast. In previous years, trade flows just changed their destination from Russia to China. To increase exports further, Russian Far East needs to grow production.

Read the full report here.

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