US China trade war: Soybeans left rotting thanks to lack of storage – Business Insider

US China trade war: Soybeans left rotting thanks to lack of storage – Business Insider

American farmers are struggling to sell their products as tariffs introduced during the trade war between Washington and Beijing stifle demand.
In certain states, farmers are being forced into plowing their crops under — effectively burying them under soil in fields — as there is simply not enough storage room in storage facilities.
The problem is most acute for soybean farmers, as China generally buys about 60% of US soybeans but has basically stopped purchases since tariffs began.

via US China trade war: Soybeans left rotting thanks to lack of storage – Business Insider

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