CNBC published an article assessing potential impacts of a trade war on China’s ability to source soybeans. IFPRI Senior Research Fellow, David Laborde, posits that China could cushion the loss of the US supply in the long term, by diversifying sourcing and investing in Africa and other areas overseas to grow supplies. In particular, South American countries could add more bean acreage to meet the demand. However, in the short-term, “China may not have many options because the planting decisions have already been made in different parts of the world,” he said. (Photo credit: United Soybean Board)
