Fox 9 Minneapolis St Paul
@fox9·814K subscribers·31.3K videos
Trade wars cost billions at soybean harvest season
Posted
September 24, 2025
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September 24, 2025
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1:20Now PlayingMinnesota soybean farmers can usually count on big paychecks about this season, but this year, they’re deep in the red because they’ve lost their biggest buyer to trade wars.
China usually buys $12-$13 billion in American soybeans each year, but it's now buying from Argentina and Brazil instead.
In the short term, most Minnesota soybean farmers will harvest their crops and either sell them at a loss or pay to store them, or a little of both. But they can only last so long with income at or near zero.
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