Costs Remain Under the Cost of Production

Thief River Falls farmer Kyle Jore is a member of the Minnesota Soybean Growers Association officer team. Jore is excited that China has committed to continuing to purchase U.S. soybeans. “We’d like to put into perspective that this is on par with maybe where they were purchasing even a few years ago, so it’s not necessarily new purchases, but it is definitely exciting to a soybean producer to know that that market is not entirely closed off.” The Red River Farm Network asked Jore if the deal with China eliminates the need for a farm assistance package. The response was simple. “We’re still under the cost of production.”