Russia Exploits U.S.-China Trade Tensions to Sell More Soybeans

02/21/2019

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Thomas Grove and Anatoly Kurmanaev | The Wall Street Journal

Commercial conflict has choked American soy exports to the bean’s biggest market, China, providing Russian farmers an opportunity

RAZDOLNOE, Russia—The Partizan collective farm in this Siberian village should have been swept into the dustbin of history like thousands of others like it that collapsed after the Soviet Union’s fall. Instead it just raked in the biggest harvest of its 90-year history, bought new machines and paid out record bonuses.

Its secret? Soybeans—and the Chinese market just 13 miles away.

 
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