As water begins to recede in some areas of Arkansas, the eastern part of the state is still seeing flooding.
The Arkansas Farm Bureau shows us how one farmer is now replanting his soybean fields.
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“Those could’ve easily been our beans going over there. It goes to show that if that opportunity is there, China would be willing to buy.”
Strong corn exports are anchoring U.S. trade, while soybean sales remain steady, but shipments lag.
U.S. soybean farmers are growing increasingly frustrated by Argentina’s gains in Chinese grain contracts and Trump’s pledge of economic support for the South American ally.
Midwest corn and soy producers are monitoring for disease and lower yields due to the ongoing drought over the last 30 days.
Argentina hopes to boost demand, but critics see the move as a blow to American farmers.