On Wednesday, U.S. farmers got the news they had been fearing for months. China announced plans for retaliatory tariffs against American soybeans, the nation’s No. 2 crop. Farmers from across the Midwest comment.
With poor crop conditions and a record amount of prevent plant weighing on farmers' balance sheets in 2019, one economist thinks MFP 2.0 may not be enough to get net farm income back to a level needed for some stability.