Soybeans tumble following retaliatory tariff announcement

Soybeans closed sharply lower as the market was under significant pressure following China’s announcement of retaliatory tariffs.  May contracts closed 34 and 1/2 cents lower at $9.77.  Like many of the commodities, the immediate impacts will be unknown, but there are concerns that a prolonged trade disruption would have a significant impact on soybean demand […]

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