Always looking for the downside, eh? Do you think farmers can switch to other crops next season? How about the Euros agreeing to buy up soybeans, is that worth mentioning?
Don't know a whole lot about farming, do you?
How about the Euros agreeing to buy up soybeans, is that worth mentioning?
The problem with that is that unless the EU officials are going to personally buy hundreds of thousands of tons of soybeans then their promise is worthless. They can say that they'll promote the import of soybeans, they can say that there won't be any tariff on U.S. supplies, but they can't force corporations to import them or consumers to buy them. Now can they?