After becoming the hot new crop in parts of Canada’s prairies, soybeans are starting to lose their appeal as Donald Trump’s trade war with China drives down prices.
Soybean acres in Canada are poised to drop for the second straight year as farmers shift acres to more profitable crops. In addition to the price concerns, some growers are also worried that demand for the nation’s supplies will wither if China and the U.S. eventually strike a trade deal.
