Trade flows in the U.S. were impacted by trade wars. Valley City, North Dakota farmer and U.S. Soybean Export Council Chairman Monte Peterson says one of his biggest transportation fears is that the trade flow will change permanently. “Are they (China) going to come back to resemble what we may have had, or are we to expect something totally different long-term? I say that in the context of North Dakota, where the soybean acreage has grown substantially in the last 15 years. Long term, are we going to be able to stay sustainable growing several million acres in the state without adding some value to what we’re growing?” Peterson says farmers can’t be totally dependent on exporting the way that they used to out of the Pacific Northwest. Peterson was part of a panel discussion at the Northern Commodity Transportation Conference.
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