Yesterday the Administration moved forward on a 10 percent tariff on an additional $200 billion in Chinese imports, and China quickly retaliated on another $60 billion of U.S. products. This move further escalates the trade dispute between the two countries that began in April of this year and is showing no signs of coming to
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On Monday, the U.S. Department of Agriculture (USDA) released details of its aid package to help offset the impact of tariffs, which includes a Market Facilitation Program that will make payments to producers of soybeans and six other farm commodities for the 2018 crop. The program also includes an increase of USDA purchases of various
Since China — the largest importer of U.S. soy — announced its plans for retaliatory tariffs for the United States in April, soybean growers have been in a kind of limbo, unsure of how exactly the tariffs will affect this year’s prices. But the numbers are starting to come in. Soybean futures on the Chicago
For the second year in a row, the American Soybean Association and Valent U.S.A. sponsored the Ag Voices of the Future program, which aims to educate college-age students about agricultural policy and legislation that directly impacts soybean farmers. Sarah Lehner from Delaware, Ohio, and Courtney Heiser from Attica, Ohio, were members of the 10-person group