The other headline on Thursday was the possibility of Chinese fighter planes flying over Taiwan. If that proves to be true, then traders assume there will be sanctions placed against China. With all of the soybean purchases on the books, traders are rightfully concerned about those purchases coming to fruition.
Get our daily in-depth analysis delivered directly to your inbox by 5:30 AM CST each morning, along with other services created specifically for farmers, when you become a Kluis Commodity Advisors client. Try our Kluis Commodity Advisors 30-day free trial to test it out.