U.S. cargo ship carrying soybeans in race to beat China's retaliatory tariffs

Soybeans on the Chicago Board of Trade tumbled 14% last month due to the escalating trade tensions. The oilseed, the most exposed of all assets to a trade war, is now a buy, according to Goldman Sachs Group Inc. In China, soybean meal futures rose 4% on concerns about a possible shortage looming. China imports soybeans to process into soybean meal for its livestock industry.