Latest Soybean farming News

Flooding, a trade war and Deere cuts outlook again

Aug. 16, 2019 9:40 AM EDT

Deere & Co. cut its profit expectations for the second time this year as beleaguered farmers and an escalating trade war with China cut into sales. Widespread and heavy flooding severely delayed planting this year for thousands of farmers. In the 18 states that grow most of the nation's corn, only 58% of the...

Monarch symbol of species in crisis as US protections shrink

Aug. 14, 2019 11:23 AM EDT

GREENBELT, Md. (AP) — Hand-raising monarch butterflies in the midst of a global extinction crisis, Laura Moore and her neighbors gather round in her suburban Maryland yard to launch a butterfly newly emerged from its chrysalis. Eager to play his part, 3-year-old Thomas Powell flaps his arms and exclaims,...

Perdue: US farmers will regain markets lost in trade war

Aug. 7, 2019 4:39 PM EDT

U.S. Agriculture Secretary Sonny Perdue told nervous Midwestern farmers on Wednesday that he's confident that they'll eventually regain the markets they've lost in the Trump administration's trade war with China. Perdue appeared at Farmfest, an annual trade show near the Minnesota town of Redwood Falls, during a...

Economist: New Trump farm aid may be distributed more fairly

Jul. 26, 2019 5:53 PM EDT

BISMARCK, N.D. (AP) — The Trump administration's decision to base new handouts to farmers hit by the trade war with China on how many acres they've planted might be a fairer way to distribute the cash than the previous system of payments per bushel heavily skewed toward soybean growers, an agricultural...

Some big farms collect big checks from Trump aid package

Jul. 3, 2019 1:46 PM EDT

MINNEAPOLIS (AP) — When President Donald Trump's administration announced a $12 billion aid package for farmers struggling under the financial strain of his trade dispute with China, the payments were capped. But many large farming operations had no trouble finding legal ways around them, records provided...

Some big farms collect big checks from Trump aid package

Jul. 3, 2019 1:44 PM EDT

MINNEAPOLIS (AP) — When President Donald Trump's administration announced a $12 billion aid package for farmers struggling under the financial strain of his trade dispute with China, the payments were capped. But many large farming operations had no trouble finding legal ways around them, records provided...