#china-us-trade

#china-us-trade

Caleb Ragland, a Kentucky farmer and president of the American Soybean Association, is warning of an agricultural crisis as China has placed zero soybean orders for the upcoming harvest. It's a departure from typical patterns, where 25% of the U.S. crop goes to China. With prices 40% below three-year highs and production costs rising, hundreds of thousands of farmers face losses unless there's a trade resolution between the two countries.