Latest Soybean farming News

GOP scrambles to ease blow from Trump's trade war

May. 14, 2019 7:06 PM EDT

WASHINGTON (AP) — President Donald Trump's allies on Capitol Hill are scrambling to soften the blow from his trade war with China amid mounting anxiety from farm-state lawmakers that the protracted battle and escalating tariffs could irreparably damage their local economies. Vice President Mike Pence met...

Escalating trade war causing anxiety in America's heartland

May. 14, 2019 5:32 PM EDT

BISMARCK, N.D. (AP) — When President Donald Trump began talking about tariffs in 2017, Upper Midwest soybean farmer Jamie Beyer suspected that her crop could become a weapon. Two years later, she and her family are watching the commodity markets on an hourly basis as an escalating trade war between the...

China retaliates on tariffs, stock markets go into a slide

May. 13, 2019 9:36 PM EDT

BEIJING (AP) — Sending Wall Street into a slide, China announced higher tariffs Monday on $60 billion worth of American goods in retaliation for President Donald Trump's latest penalties on Chinese products. Duties of 5% to 25% will take effect on June 1 on about 5,200 American products, including...

The Latest: Trump threatens more action in China trade fight

May. 13, 2019 7:35 PM EDT

WASHINGTON (AP) — The Latest on the tariffs battle between China and the United States (all times local): 2:35 p.m. President Donald Trump says he's going to take further action to help the nation's farmers in the midst of an escalating trade war with China. Trump is telling reporters that China has been...

US farmers who sell to China feel pain of Beijing's tariffs

May. 13, 2019 7:10 PM EDT

DES MOINES, Iowa (AP) — China's announcement Monday of higher tariffs on $60 billion of American exports — retaliation for President Donald Trump's latest penalties on Chinese goods — hit particularly hard in the farm belt. China's vast consumer market has been a vital source of revenue for...

Trump's tariff hike menaces strong economy

May. 8, 2019 5:18 PM EDT

WASHINGTON (AP) — What trade war? For months, the U.S. economy has shrugged and chugged along as America and China slapped tariffs on tens of billions of dollars of each other's goods in the fiercest trade fight since the 1930s. Growth was steady. The unemployment rate dropped to 3.6%, a 50-year low....

Settlement talks fail in soybean seed lawsuit in Tennessee

Apr. 9, 2019 5:27 PM EDT

MEMPHIS, Tenn. (AP) — Lawyers have failed to reach a settlement in a federal lawsuit claiming a soybean seed company purposely sold faulty seeds to black farmers in Mississippi. A court filing by attorneys for Stine Seed Co. says mediation talks did not lead to an agreement to settle the suit. U.S....