U.S. Soybean Farmers Face Crisis Amid Global Trade Shifts The U.S. soybean farming community is grappling with a significant crisis as harvest season begins. Recent developments have led to a sharp decline in soybean prices, dropping to $9 per bushel—far below the $18-20 needed to break even. This downturn is largely due to intensified competition from Argentina, which, after receiving a $20 billion financial aid package from the Trump administration, has undercut U.S. exports by lowering its so

Fact-Checking U.S. Soybean Exports to China During Biden's Term Recent claims suggest China halted U.S. soybean purchases due to policies under President Joe Biden. Let's delve into the facts. During Biden's term (2021-2025), U.S. soybean exports to China averaged $12.5 billion annually, over half of total U.S. exports. This contradicts the narrative of a halt, as data shows robust trade. The decline in 2025, linked to renewed Trump-era tariffs, not Biden's policies, saw China shift to Brazil an

U.S. Soybean Farmers Face New Challenges Amid Global Trade Shifts In a recent MSNBC interview, Iowa soybean farmer Scott expressed frustration over a $20 billion U.S. financial swap line to Argentina, announced on October 1, 2025, to stabilize its economy. This move, aimed at supporting President Milei's administration amid hyperinflation, has raised concerns among U.S. farmers, as Argentina is a key competitor in the soybean market. Scott highlighted how China's retaliatory tariffs have led to