As Planting Season Approaches, Soybean Leaders Hopeful that Cool Heads Prevail in Trade Spat


As farmers are gearing up for the spring planting season, some producers may be inclined to rethink their planting intentions after China threatened a potential 25% tariff on U.S. soybean imports. In last month’s Prospective Plantings report, USDA estimated farmers this season would plant more soybeans this year than corn – for the first time since 1983.

Some analysts warn that the proposed Chinese tariffs on U.S. soybeans could have a tangible impact on trade – even if they don’t go into effect.

On Wednesday, Sabrina Hill visited with Monte Peterson, Vice Chairman of the U.S. Soybean Export Council.