Tariffs to Change U.S. Crop Plantings

The trade war between the U.S. and China is likely to shift U.S. soybean plantings to corn. For the first time in three decades, U.S. farmers planted more soybeans than corn in 2018. However, that’s likely to reverse again due to tariffs on U.S. soybeans from the ongoing trade war between the U.S. and China.