Trade War

Trade War Impact on Soybean Farmers

SIOUX FALLS, S.D.-It’s been a tough year for farmers as they were hit with bad weather and tariffs. A trade war between China and the US started back in July of last year and is still ongoing.  Farmers are used to uncertainty as they deal with different weather conditions each year. This year wasn’t as good of a year. “In…

Why Slowing Economies Could Prod US and China to Reach Deal

WASHINGTON – The Trump administration and China are facing growing pressure to blink in their six-month stare-down over trade because of jittery markets and portents of economic weakness. The import taxes the two sides have imposed on hundreds of billions of each other’s goods – and the threat of more to come – have heightened anxiety on each side of…

Challenges Farmers Face

MITCHELL, S.D. – While the countries economy continues to grow, American farmers remain left in the dust. According to Reuters, the United States economy has grown throughout 2018 and is expected to continue to rise before the years end. However, the economy couldn’t be worse if you’re in the world of farming, agriculture, or livestock. The combination of a lack…

South Dakota AG Community: Critics of Trade War & Bailout Plan

The president announced Tuesday, July 25th, a $12 billion plan to pay farmers for their losses and find new global markets.   However, some in South Dakota’s ag industry say a bailout won’t stop the damaging domino effect of the trade war with China. “It’s kind of a poor bandaid to put on for the time being,” said Scott Stahl,…