China Is Refusing to Buy US Soybeans. What Does It Mean for American Farmers?

China Is Refusing to Buy US Soybeans. What Does It Mean for American Farmers?

Soybeans have become the latest flashpoint in the trade dispute between China and the US. China, the world’s largest buyer of the crop, hasn’t booked a single shipment from US farmers this season. That’s unusual — and costly for US growers, who depend on China to buy a big share of their crop. China is instead relying on South American suppliers, while US farmers face overflowing bins and flat prices.

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