Louisiana's Soybean Farmers Struggle with Rainy Harvest, Ongoing Chinese Tariffs
By Ellyn Couvillion, The Advocate, Baton Rouge
With roughly five weeks left in a "timeout" truce between the U.S. and China in their tariff wars, soybean farmers in Louisiana and elsewhere in the country remain in a holding pattern. Months after China, which historically buys about 60 percent of Louisiana's soybeans, slapped a 25 percent tariff on U.S. soybeans in July, pricing them out of the market, many farmers are holding on to their stocks of soybeans and waiting to see what happens with prices.