Beijing's tit-for-tat trade spat with Washington could come back to bite China when it comes to soybeans and even the grain sorghum to some extent.
Analysts say China can get soybeans from South America but still won't get enough to meet its overall domestic needs. Also, there's a premium price on Brazilian beans now so U.S. supplies look more competitive to other buyers.
Earlier this month, Beijing warned it might impose a 25 percent tariff on U.S. soybeans as well as duties on other major U.S. agricultural products, including corn, wheat, cotton and beef. It was a retaliatory step after President Donald Trump proposed tariffs on everything from Chinese consumer electronics and robotics to aerospace products.