American Soybean Farmers Become Scapegoat In US-China Trade Tussle, Plead Trump For Bailout: 'Unless Something Miraculous...' - Invesco DB Agriculture Fund (ARCA:DBA), Teucrium Soybean Fund ETV (ARCA:

Core Viewpoint - China's decision to stop purchasing U.S. soybeans and instead source from Brazil is significantly impacting U.S. soybean farmers, leading to a surplus and declining prices [1][2][4]. Group 1: Market Impact - U.S. soybean farmers are facing a challenging harvest season with millions of tons of soybeans expected, but no purchases from China this year [2]. - Last year, China, the world's largest importer of soy, purchased nearly $13 billion worth of U.S. soybeans, highlighting the drastic change in demand [3]. - The shift in sourcing is attributed to the ongoing trade war, resulting in U.S. farmers potentially losing around $100 per acre this year due to falling crop prices [4]. Group 2: Industry Response - Industry groups are urging the Trump administration to provide financial aid to farmers affected by the loss of the Chinese market [5]. - U.S. soybean farmers are adapting by reducing spending on machinery and fertilizer and seeking new export markets, as well as promoting domestic uses for soybeans [7]. - The American Soybean Association has called for a trade deal with China that includes commitments for soybean purchases, indicating the urgency of the situation [5]. Group 3: Future Outlook - Experts believe that the shift in demand from China may not be easily reversible, with skepticism about China's willingness to increase soybean orders from the U.S. [6]. - The U.S. government has been urged to take action to mitigate the economic fallout for farmers, as they prepare for a future without China as a key buyer [7].