American Farmers Say Trump's Trade Agenda Is Killing Sales

Iowa farmers worried for harvest amid tariff disputes with China

SIOUX CITY, Iowa (KCAU) — With harvest set to begin any day now, soybean farmers say they are worried about ongoing tariff disputes with China. A quick check of the numbers shows prices for the cover crop have dropped below the cost of production. China has accounted for 60% of soybean exports in the U.S., but so far has yet to purchase any from farmers. This is due to ongoing trade disputes, and producers are worried China won't be buying anyti…

American farmers say Trump's trade agenda is killing sales

(NewsNation) — Some American farmers have said President Donald Trump's tariffs are negatively impacting their bottom lines. Export loss is a significant factor, as the American Soybean Association says China hasn't placed an order since May. Soybeans are a moneymaker in the United States, with China buying nearly $13 billion worth last year. Now in peak season, those Chinese-based orders have not been coming in. Instead, China is buying from Br…

China shuns US soybeans in test for Trump’s trade strategy

The coming soybean harvest season is emerging as a political and geopolitical flashpoint, as US farmers face a market in which their biggest global customer is looking elsewhere. China’s growing wealth has driven increased consumption of meat from animals that are largely raised on soybean meal. That surging demand had largely been met in prior years by US farmers, but trade tensions have spurred Beijing to turn to Brazil for its soybeans. Where…

China steps in for pork, skips soybeans again - Brownfield Ag News

China bought U.S. pork last week. The USDA says Beijing purchased nearly half of the total for pork, but overall U.S. sales during the week ending September 4th were below average following reductions by several other key customers. That move to buy U.S. pork could be connected to China raising tariffs on pork imports from […] The post China steps in for pork, skips soybeans again appeared first on Brownfield Ag News.