The Cost of Tariffs: Soybean Farmers Struggle Amid Trade Wars Soybean farmers are feeling the brunt of Trump's tariffs as China, their largest market, boycotts U.S. exports. Kevin Gaffner, an Illinois farmer, laments, "We don't want aid; we want to trade." The 2018 trade war already slashed exports by 75%, prompting a $12 billion bailout. Now, with similar relief on the horizon, farmers fear permanent market loss to Brazil and Argentina. Despite record yields, negative profit margins persist, an

U.S. Soybean Farmers Face Crisis Amid Global Trade Shifts The U.S. soybean farming community is grappling with a significant crisis as harvest season begins. Recent developments have led to a sharp decline in soybean prices, dropping to $9 per bushel—far below the $18-20 needed to break even. This downturn is largely due to intensified competition from Argentina, which, after receiving a $20 billion financial aid package from the Trump administration, has undercut U.S. exports by lowering its so

U.S. Soybean Farmers Face Trade Turmoil Amid Tariffs and Oversupply Nebraska soybean farmer Greg Meyer warns that U.S. tariffs are blocking exports to China, creating a domestic oversupply that’s driving down prices. With Trump’s renewed tariffs in 2025, China has boycotted U.S. soybeans, slashing exports from $25 billion in 2024 and benefiting competitors like Argentina. Record U.S. crop yields, per USDA projections, are worsening the glut, forcing farmers to rely on government aid they view as

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