The American Soybean Association is raising alarms over U.S. trade policy, saying it puts farmers at a disadvantage in the global marketplace. ASA President Caleb Ragland pointed to Argentina’s recent export moves as an example. “They agreed to pause their export tax until $7 billion of exports went out of the country. They actually met their $7 billion of exports within three days.” Ragland added that tariffs are shutting U.S. soybeans from China, the world’s largest market. “We don’t have a single soybean sold to China for this crop that’s currently being harvested. Unfortunately, this artificial barrier is created with the tariffs, which in effect are attacks on our soybeans. We desperately need the opportunity to trade on a level playing field so that we can stay in business.”
