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Losing the farm is a real fear for American farmers facing severe financial hardship
60 Minutes· 2025-11-10 04:02
American farmers have long struggled with high costs and low prices for their crops. But this year, there is even greater uncertainty in the fields. China stopped buying all US soybeans in May. Retaliation for President Trump's tariffs. Many American farmers were left without their largest export market. President Trump and China's President Xiinping came to a temporary truce. But farmers told us that whatever happens next with tariffs, the problems on their farms continue to run deep. We went to rural Tenn ...
Tariffs among worries for soybean farmers as bankruptcies rise
NBC News· 2025-10-10 15:22
Bo Mason has spent his entire life farming in Arkansas. >> I still learn something new every day. >> Corn, rice, and soybeans.>> That's what a US soybean should look like. >> Yellow is perfect. >> Soybeans are one of the most valuable US agriculture exports.From human food to the oil used to make a Goodyear tire, this tiny plant is mighty. And American soybean farmers say they're in the middle of a massive growing crisis. When that is full, there should be uh 650 bushel.At a $10 soybean, you know, that'd be ...