Shut out of China food export markets…US farmers let crops rot….

Donald Trump’s trade war is forcing US agriculture to let crops rot in the fields instead of being pulled and shipped to China to earn American farmers money…

China has stopped importing soybean products from America…

They will get the products from somewhere else…

Could Trump all by himself drop the American exports of grains market off the map?

Could this become a drag on the American economy?

“I’ve never seen things this bad,” soybean farmer Russell Altom, who is senior vice president of agricultural lending at an Arkansas bank, told Reuters. “I know several farmers who hired lawyers, to see if they can sue over the pricing and fees issues.”

Grain farmers have begun plowing under crops or leaving them to rot, hoping that prices will decrease soon, Reuters reported, citing interviews with more than 20 farmers, academic researchers and farm lenders.

Farmer Richard Fontenot said “no one wants” the grains.

“I don’t know what else to do,” he said.

U.S. farmers planted 89.1 million acres of soybeans this year before China, one of the country’s top soybean consumers, imposed the steep tariff, according to Reuters.

There was already an oversupply of grains in the U.S., and the trade war with China has exacerbated the problem….

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