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Gallery|Trade WarUS soya bean farmers battered by trade dispute with ChinaFarms face falling prices and lost income amid the escalating US-China trade war.

The harvesting of soya beans is currently underway in the United States. However, the industry faces significant challenges due to a trade dispute with China, which has resulted in reduced orders from the country.

VBy Vanessa RayOct 14, 20251 min read

The harvesting of soya beans is currently underway in the United States. However, the industry faces significant challenges due to a trade dispute with China, which has resulted in reduced orders from the country.

China, previously the largest purchaser of US soya bean exports, has significantly reduced its imports. This decrease is attributed to retaliatory tariffs following US-imposed tariffs on Chinese goods. As a result, the value of US soya bean exports to China has fallen by over 50 percent this year. The American Soybean Association (ASA) notes that Chinese counter-duties on US soya beans have risen to 20 percent, making US exports less competitive compared to South American producers.

The reduction in demand has caused soya bean prices to drop by about 40 percent from three years ago. Farmers are facing increased financial pressure, with many reporting that a significant portion of their acreage is not yielding profitable returns. The ASA highlights that the situation is particularly challenging in Midwestern states like North and South Dakota.

In response to the challenging market conditions, Argentina has suspended its export tax on key crops, including soya beans, making them more appealing to Chinese buyers. This development intensifies competition for US farmers.

The harvesting of soya beans is currently underway in the United States.
Vanessa Ray · Thehackingpost

Farmers are experiencing increased costs for inputs such as fertilizers and equipment due to the tariffs, further impacting their profitability. The financial strain is evident, with US farm bankruptcies rising by approximately 50 percent from the previous year.

While the US government has pledged to use tariff revenues to support farmers, specific details have not been provided. Previously, the government allocated $23 billion to assist farmers affected by trade disputes, but current financial pressures remain significant.

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For further details on the trade measures, refer to the history of US trade measures against China .

Based on reporting by Al Jazeera.

AI transparency. This article was produced with the assistance of artificial intelligence and published under human editorial oversight. AI systems can make mistakes. Read how we use AI (EU AI Act, Art. 50).
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