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American Producers Warn That The Lack Of Trade Agreement With China Threatens Billions In Soybean Exports And Puts Pressure On Donald Trump.
U.S. soybean producers have decided to increase pressure on President Donald Trump.
In a letter sent this Tuesday (19th), the American Soybean Association urged the White House to finalize a trade agreement with China that ensures significant purchase contracts for the grain.
The document warns of “terrible long-term economic outcomes” if Beijing continues its strategy of avoiding American products.
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American Sector On Alert
The agricultural sector is on alert because China, the world’s largest importer of soybeans, has begun prioritizing Brazilian shipments amid trade tensions.
Additionally, the unusual delay in pre-purchasing the next U.S. harvest has drawn attention, a move that increases uncertainty for farmers and traders.
In the letter, producers highlight the financial stress faced by American farms.
Prices continue to fall while input and equipment costs remain high. They argue that U.S. soybean producers cannot survive a prolonged trade dispute with their largest customer.
The scale of the problem is clear. China accounted for 54% of U.S. soybean exports in the 2023–2024 campaign, equivalent to US$ 13.2 billion.
The loss of this market would create a hole hard to fill.
Trump tried to preempt criticism with a post on Truth Social on August 11, asking China to quadruple its purchases.
The statement temporarily raised grain prices, but among producers there is skepticism about the possibility of such a significant increase.
Meanwhile, the White House has not officially commented on the farmers’ request. For the sector, each week without an agreement increases the feeling that the deadlock may become unsustainable.
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