Potential soybean tariffs affect world dynamics

After China announced a 25 percent import tariff on U.S. soybeans, Brazilian soybeans appreciated sharply. Cheaper U.S. soybeans have attracted buyers such as the European Union, the second largest importer. Furthermore, Argentina imported the highest volume of U.S. soybean in 20 years, as the [...]

Keep an eye on crude oil’s impact on freight costs

You may remember when freight rail costs went crazy back in 2014 due to the sharp increase in domestic U.S. crude oil production. As we reported back then: “U.S. crude oil production has surged since 2012, when fracking and other new drilling technologies opened [...]

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