Everett Griner talks about how the tension of the trade war, and the tariff issue, has affected our soybean exports in today’s Agri View.
Tension Affecting Farm Exports
Soybeans are one of America’s largest crops. In total acreage it ranks right up there with cotton and corn. It goes without saying that imports are important. Up until recently China was our best market. You have already heard that China is no longer our number one customer.
Some sources say that trade issue has little to do with it. China is still buying a lot of soybeans, but not from us. They appear to be buying more from Canada and Brazil. Mostly Brazil. It is a little confusing since some sources think it is the trade war and the tariff issue that has affected our soybean exports. Whatever the reason, it has a strong impact on U.S. soybean exports.
Farmers are dependent on strong export sales of soybeans, corn, pork, and a dozen other farm products.
Time. It is just going to take time.
That’s Agri View for today. I’m Everett Griner…