Chinese soybean production has dropped precipitously as unusually frosty weather hit key agricultural regions in early September, damaging more than 2.5 million acres of soybean fields and reducing the harvest by an estimated 300,000 tons in the northeastern province of Heilongjiang.
The downturn comes as China maintains tariffs on soybeans imported from the United States as part of the escalating Sino–U.S. trade war.
