US soy exports collapse, China turns to Brazil and Argentina, and American farmers face permanent market loss despite calls for temporary aid

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US farmers are saying we “just need temporary help, until things get better.”

Here’s the thing. US farm exports- which are mostly soy- CAN’T get better.

Other countries are now fillingl China’s demand.

We’ve walled ourselves out of the global market, folks. This is it.

“China imported 120 million metric tons of soybeans this year and not one bushel came from the U.S.” — Robert Lee, soybean farmer in De Smet, South Dakota https://finance.yahoo.com/news/harvest-stress-soybean-farmers-await-195149595.html

“China has not bought a single export cargo of beans so far this year, which is not very typical.” — Scott Thomsen, farmer in Kennard, Nebraska https://www.msn.com/en-us/money/markets/soybean-farmers-caught-in-looming-crisis-as-us-trade-war-with-china-cripples-sales/ar-AA1NtS81

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