As the 2020 presidential election inches closer, all eyes are on whether key swing states will continue supporting President Trump amid the painful U.S.-China trade war.
As the 2020 presidential election inches closer, all eyes are on whether key swing states will continue supporting President Trump amid the painful U.S.-China trade war.
However, he added that with “many of my neighbors, particularly younger farmers with a little bit of a more leveraged balance sheet, a lot of that patience is beginning to go away. So I think there’s going to be some challenges for the Trump administration come election time if we don’t see a turnaround in these trade markets.”
At one point in 2018, U.S. soybean exports to China were down 98%. As China turned to other countries like Brazil for their soybeans, U.S. soybean inventories increased dramatically.
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