Latest Soybean farming News

Black soybean farmers claim they were sold faulty seeds

Aug. 10, 2018 4:01 PM EDT

PARCHMAN, Miss. (AP) — Soybean farmers David Allen Hall and Tyrone Grayer had high hopes when a farm-show salesman told them the seeds he sold would bring good yields in their fertile Mississippi Delta fields, and were less likely to be damaged by weeds. But as the plants began to grow, Hall, Grayer and...

Can big-spending US consumers and businesses sustain growth?

Jul. 27, 2018 2:43 PM EDT

WASHINGTON (AP) — Americans spent with abandon this spring. Businesses invested in more buildings and equipment. And exports jumped. Combined, those factors drove economic growth in the April-June quarter to a 4.1 percent annual rate, the fastest pace in nearly four years. A key question facing the economy...

AP FACT CHECK: Trump offers skewed view of farm trade

Jul. 20, 2018 5:31 PM EDT

WASHINGTON (AP) — President Donald Trump is promoting a lopsided view of agricultural trade as he assails "bad (terrible) Trade Deals with other countries." Agriculture is actually a strong point for U.S. commerce. A look at his tweet Friday: TRUMP: "Farmers have been on a downward trend for 15 years. The...

The Latest: Mulvaney defends Trump's Fed comments

Jul. 20, 2018 1:00 PM EDT

The Latest on rising trade tensions following comments by President Donald Trump (all times local): _____ 11:50 a.m. White House Budget Director Mick Mulvaney is defending President Donald Trump's comment lamenting the Federal Reserve's action to raise U.S. interest rates. Mulvaney says he's sure most presidents...

Farmers fret and wait as US-China trade war escalates

Jul. 19, 2018 1:00 PM EDT

MINNEAPOLIS (AP) — Many anxious American farmers are delaying purchases and investment while hoping for a truce in a U.S.-China trade war that has left their crops at a competitive disadvantage overseas. The longer the Trump administration's tariffs remain in place, the more China's retaliatory tariffs...

In Alabama, a onetime Trump critic fights GOP challenger

Jul. 11, 2018 1:17 AM EDT

ENTERPRISE, Ala. (AP) — As U.S. Rep. Martha Roby of Alabama chatted with a farmer after a meeting in her district on agriculture legislation, she was peppered with questions on a range of conservative issues. She was eager to answer. Border wall? She supports it. Abortion? Against it. The four-term...

US-China trade war elevates the risks to the global economy

Jul. 7, 2018 6:11 AM EDT

WASHINGTON (AP) — The trade war that erupted Friday between the U.S. and China carries a major risk of escalation that could weaken investment, depress spending, unsettle financial markets and slow the global economy. The opening shots were fired just after midnight, when the Trump administration imposed a...

Reaction to the trade battle between China and the US

Jul. 6, 2018 3:06 PM EDT

NEW YORK (AP) — After the U.S. imposed 25 percent tariffs on $34 billion worth of Chinese goods, China retaliated by imposing tariffs on the same amount of U.S. products. Here's a look at reaction from some of the U.S. industries affected: ___ PORK PRODUCERS The U.S. pork industry last year sent $1.1...