CNBCのインスタグラム(cnbc) - 1月27日 04時50分

Daniel Richards, a soybean farmer in Louisiana, is now forced to watch his soybeans rot in his 250-acre field.

Louisiana’s ports handle a great deal of agricultural exports nationally, including products from Iowa and Missouri. The port also handles 60% of export grain from the Midwest. But the ports in Louisiana are no longer handling as much cargo – exports were down 14% in 2018 compared to 2017, mostly from agricultural products.

Daniel Richards has been feeling these effects. “We’ve been through tough times,” the fourth-generation Louisiana grain farmer said, “but definitely nothing of this magnitude.” In total, about 800 acres, 40% of his crop, sit dried out and useless. China would typically buy a little over 50% of his soybeans.

You can read more about the effects of the trade war on soybeans, at the link in bio. *
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#soy #soybean #farm #farming #agriculture #tariffs #china #tradewar #trump #trumpadministration #louisiana #goods #farmer #economy #economics #cnbc #businessnews

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