![Ag News: U.S. Soy & China](http://townsquare.media/site/113/files/2018/04/GettyImages-182961857-1.jpg?w=980&q=75)
Ag News: U.S. Soy & China
**The budding U.S.-China trade war has thrown the international soybean market into turmoil, but so far traders are managing the chaos.
As reported in Agri-Pulse, the threat of Chinese tariffs on U.S. soybeans is scaring away some Chinese importers, but the resulting price drop is attracting other buyers in Argentina and the EU who normally buy from Brazil or Paraguay.
U.S. Soybean Export Council consultant John Baize says trade realigns very efficiently when reacting to a threat.
**Ag Secretary Sonny Perdue supports the approval of the 2018 Farm Bill by the House Ag Committee.
In a USDA statement, Perdue commended Chairman Conaway and the Committee for passing the comprehensive Farm Bill out of Committee.
Perdue says as the bill heads to the floor, he hopes the House recognizes the long-term certainty it provides for America’s farmers, just as it preserves nutrition programs for people needing to feed themselves and their families.
**U.S. Meat Export Federation officials have paid a series of recent visits with importers and other key buyers in Taiwan, a leading destination for U.S. chilled beef.
Last year the U.S. beef industry exported a record $409.7 million of product to Taiwan, up 13 percent from the previous year, and captured 72 percent of the chilled beef market, the highest of any Asian destination.
Through the first two months of 2018, beef exports to Taiwan have shown no signs of a slowdown.
More From News Talk KIT
![CA Avocados Ramp Up and July 4th BBQ Price Hits New Record](http://townsquare.media/site/139/files/2022/05/attachment-Untitled-design-63-1.jpg?w=980&q=75)
![Melons for the 4th of July and Food Safety Cert. for Specialty Crops](http://townsquare.media/site/113/files/2024/07/attachment-RS49119_GettyImages-157374780-scr.jpg?w=980&q=75)
![Challenges Ahead: U.S. Agricultural Trade Deficit Hits All-Time High](http://townsquare.media/site/113/files/2020/02/GettyImages-1063804936.jpg?w=980&q=75)
![Organic Walnut Prices Down and National Pollinator Week](http://townsquare.media/site/113/files/2023/10/attachment-GettyImages-1053148348.jpg?w=980&q=75)
![Klamath Water Rights and Republican Farm Bill Framework](http://townsquare.media/site/113/files/2017/07/GettyImages-471006608.jpg?w=980&q=75)
![Young Farmers on Farm Bill and World’s First Seedless Blackberry](http://townsquare.media/site/113/files/2016/02/GettyImages-72418372.jpg?w=980&q=75)
![Blueberry Crop Looks Great and Farm Bill Markup Moves Forward](http://townsquare.media/site/113/files/2020/01/RS28231_ThinkstockPhotos-533340696.jpg?w=980&q=75)
![Dairy Funding for Cattle Disease and Assisting Specialty Crop Exports](http://townsquare.media/site/113/files/2012/10/dairy-cows.jpg?w=980&q=75)
![Cal Farm Bureau in D.C. and Railroad Staffing Shortages](http://townsquare.media/site/113/files/2016/12/GettyImages-72418372.jpg?w=980&q=75)