Trade war politics devastated US soybean farming but the revenue downturn pre-dates the trade war with China. Coronavirus is forcing China to ramp up soybean imports and partly restore US soy farming fortunes. Why you should expect China to embark on an H2 2020 US soybean buying spree.
Human and animal diseases are slashing world meat consumption estimates but having less of an impact on feed crop supplies. Strangely, the more these diseases depress feed crop markets, the faster the next rally will arrive.