'We've gone this far, we want to make sure we get a good deal': Farmers stick with President Trump over trade
China's tariffs immediately wiped out what was once their biggest export market, worth $12 billion in 2017. That was more than a year ago. Soybeans have since piled up in bins, sending the amount in storage up 108% in 12 months. The price per bushel has fallen to a 10-year low.The situation looks bleak, and tariffs have hit other crops like corn and wheat, too. Many farmers have expressed frustration, and some have even said they no longer support the President.
"I think it's important that the payments do highlight the fact that the administration understands the pressure they're putting on farmers and the rural economy," said Illinois farmer Evan Hultine. He decided to take soybeans out of rotation this year to try to avoid some of the trade uncertainty."We understand that maybe China needs to be brought to task for improper trade tactics and unfair practices, but we're looking at a year-and-half now," he added.
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