Harvest season isn’t far away for corn and soybean farmers, whose crops are worth less now than when they planted in the spring due to the United States’ trade war.
“We don't know what to think from one day to the next. It's hard to plan,” said Duane Hund, a farmer in Kansas’ Flint Hills.
Forty percent of farmers polled this summer by Farm Futures said President Donald Trump’s trade policy is permanently damaging U.S. agriculture. The scrambling of global markets is just beginning, Hund said, and pointed to the 1980 Russian grain embargo as an example.