As time runs out to sell the state's soybean crop, Georgia's agriculture commissioner says more of farmers need help.
“China hasn’t purchased any soybeans from the United States this year, thanks to the president,” said Streff, who farms near Salem. “Our beans are the cheapest in the world, by about $2 a bushel, but ...
Traders say any new farmer payments are unlikely to boost market prices significantly until the dispute is resolved ...
South Dakota Republican Sen. John Thune and U.S. Treasury Secretary Scott Bessent say government aid is likely.
The U.S. will harvest billions of bushels of soybeans this year but what happens when at least $12 billion market for these soybeans is gone? The prices drop.
Farmers are worried that time is quickly running out to reach a deal in time to sell any of this year's crop to their biggest customer.
The USDA is expecting record soybean yields this year, and prices are down roughly 40% from their most recent peak in 2022.
Farmers across the country are issuing increasingly urgent warnings that they’ll face grim consequences if they don’t get help selling this year’s bumper crop that many have begun harvesting. Trade ...