# Why some losses from soybean tariffs may not be recovered - Marketplace

> Marketplace interviews Kluis Commodity Advisors' Al Kluis, who says soybean traders will not see the market turn until real orders materialize. The USDA had announced that China would buy more US soybeans before a Trump-Xi meeting, which is seen as a goodwill gesture.

- Date: 2019-07-01 · published 2019-07-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/58124-why-some-losses-from-soybean-tariffs-may-not-be-recovered-marketplace
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Without firm Chinese orders, the goodwill purchase announcement is unlikely to sustain soybean prices, so traders remain skeptical. Feed buyers should watch actual export sales rather than announcements.

## Read by commodity

- SOY: neutral

## Sources

- marketplace.org: https://www.marketplace.org/story/2019/07/01/soybean-commodity-traders-are-skeptical-of-renewed-u-s-china-trade-negotiations

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.