America’s farmers are expecting bumper crops this fall, but they’ve got little idea of where all the supplies will go. China, historically the biggest buyer of U.S. soybeans, hasn’t inked a deal for a single cargo from this year’s harvest, which starts next month. Blowback from Trump’s trade war has served to further chill the administration’s already icy relationship with the Asian country.
Tariff tensions are making the North American farm market the most uncertain in the world even as conditions in Europe and Asia start to improve, according to Gerrit Marx, chief executive officer of CNH Industrial NV, which unveiled some its latest machinery at the show.
There are so many unknowns in the agricultural economy, several companies that had a significant presence at the annual gathering in 2024 ended up skipping altogether this year, which included seed maker Corteva Inc. and the world’s top fertilizer producer, Nutrien Ltd.
BigMacHole@sopuli.xyz 2 days ago
This sounds like BIDENS Fault! If ONLY we can Give Trump a THIRD Term he can FIX Biden’s Problems!
-Literally EVERY Farmer who Voted for Trump!