U.S. farmers are gearing up to plant what could be their third-largest soybean c...
“It is tough to rotate out of soybeans because what else are you going to plant?” said Darin Anderson, a 41-year-old farmer from Valley City, North Dakota.
The USDA expects soybean prices will fall in 2019 due to tariffs and rising supply. But soybean futures prices have performed relatively well, considering the disruption to markets from tariffs. The price is up 5.3 percent since China imposed a 25 percent tariff in July. That means many growers have made a slim profit from seeding soybeans.
Rincker is aiming for a 50-50 split between corn and soybeans on his farm after a similar division in 2018. Any further increase in corn would add to his expenses, he said. “It is nice to know it is there,” said Art Bunting, an Illinois farmer who typically opts for plans that cover 85 percent of expected revenue, the maximum amount offered under the plans.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Senior China diplomat says China-U.S. trade talks have made substantive progressThe Chinese government's top diplomat, State Councillor Wang Yi, said on Fr...
Consulte Mais informação »
Senior China diplomat urges U.S. to meet China halfwayThe Chinese government's top diplomat, State Councillor Wang Yi, said on Fr...
Consulte Mais informação »
Why The Just-Released February Jobs Numbers Are Disappointing -- And Why That MattersThe much-anticipated February Employment Situation Report was released today, showing only 20,000 jobs added. Despite this, unemployment fell to 3.8%. However, this has done little to relieve the concerns of those worried that the expansion may be slowing.
Consulte Mais informação »
Why did the China shock hurt so much?Imports into America from China in the 1990s and 2000s hurt partly because they hit places that were already struggling
Consulte Mais informação »
Cramer Remix: Why I still have faith in BoeingJim Cramer reveals why he hasn't given up on Boeing despite its woes.
Consulte Mais informação »
U.S. Congress wants to know why the FAA waited so long to ground Boeing 737 jetsCongress plans to scrutinize why the United States waited so many days to ground...
Consulte Mais informação »
How Tesla’s Model Y has the potential to save the worldThe electric SUV will show why we still need tax credits to stop climate change.
Consulte Mais informação »
Opinion | Congress shouldn’t put up with a foreign policy this awfulWhy is Cheney the only one speaking out on Trump's horrible foreign policy?
Consulte Mais informação »
How We Tried to Slow the Rush to War in IraqAnd why the lessons from my time in the Bush administration are relevant today.
Consulte Mais informação »