Midwestern farmers are seeing soybean prices fall as the U.S. and China remain at odds over trade and tariff issues, reports Radio Iowa.
Kirk Leeds, chief executive officer for the Iowa Soybean Association, says soybeans are one of Iowa’s top crops and this continued spiral in prices is disheartening.
"The administration has promised that they will take a look at some way to compensate farmers for the loss of income,” Leeds says. “I’m kind of skeptical that we’re going to find anything that they’ll actually follow through on and anything that’s WTO-compliant. So, it’s really troubled times and uncertain times.”
Read the full report here.