American Soy Farmers Get Boost from Post-Trade War Export Boom
A worker harvests soybeans in Pace, Mississippi, U.S., in October.
Photographer: Rory Doyle/BloombergThis article is for subscribers only.
American soybean farmers who were hurt three years ago by then-President Trump’s trade war with China, which is the world’s biggest buyer, are finally reaping the benefits.
Overseas shipments of soybeans and soy-based products during the just-completed 2020-21 season reached an all-time high of 74.76 million metric tons, according to an industry analysis of U.S. Census Bureau data.