Without China as a customer, American soybean farmers are in panic mode as they harvest what is expected to be a bumper crop
NegativeFinancial Markets

American soybean farmers are facing a crisis as China, the largest buyer of soybeans, has not made any purchases from the U.S. in months. This situation has left farmers in a state of panic, fearing a significant drop in prices and a potential 'bloodbath' in the market. With expectations of a bumper crop this season, the lack of demand from China could lead to severe financial repercussions for these farmers, highlighting the vulnerability of the agricultural sector to international trade dynamics.
— Curated by the World Pulse Now AI Editorial System