On the front lines: Trump's trade war sinks North Dakota soybean farmers
COLFAX, North Dakota - North Dakota bet bigger on Chinese soybean demand than any other U.S. state.
For North Dakota, losing China - the buyer of about 70% of the state's soybeans - has destroyed a staple source of income. Agriculture is North Dakota's largest industry, surpassing energy and representing about 25% of its economy. Some farmers were relying on the Trump administration's $28 billion in farm aid payments to compensate them for trade war losses, only to be disappointed with new payment rates for counties in North Dakota.
She fears the U.S.-China soy trade is now"permanently damaged" as China shifts its purchases to Brazil, uses less soy in animal feed and consumes less pork as African swine fever kills of millions of the nation's pigs.
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