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The soybean price on the Chicago Stock Exchange (CBOT) opened on Monday, March 3 with an increase of nearly 2%. Contracts for January reached US $ 9.11 per bushel, an increase of 16.7 points (+ 1.89%).
The agricultural market is affecting the truce of the US-China trade war. Country representatives met this weekend at the G20 meeting, which brought together the world's 20 largest economies in Buenos Aires, Argentina.
At the meeting, the United States decided to postpone the $ 200 billion surtax on products. Chinese President Donald Trump said Sunday night that China has agreed to reduce and eliminate tariffs on Chinese products for 90 days, while China has pledged to buy more US goods .
the import of American cars.
– Donald J. Trump (@realDonaldTrump) China has agreed to reduce and eliminate tariffs on cars coming from the United States arriving in China. The current rate is 40% December 3, 2018
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