The breakeven price for growing soybeans is about $10.00/bushel
https://farmdocdaily.illinois.edu/20...en-prices.html
Thanks to the loss of Chinese sales, the price of soybeans as of this date is $8.775/bushel.
http://www.macrotrends.net/2531/soyb...cal-chart-data
Do the math. Soybean farmers are getting hammered. Some of them are even figuring out that voting for Trump was a really bad idea.
https://www.agrimarketing.com/s/116175
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Almost 67 percent of the survey participants said they voted for Trump, versus only 24 percent for Hillary Clinton.
But when all respondents were asked if they would support Trump's reelection, only 45 percent said they would do so, representing an almost 20 percent drop in support from both Trump and Clinton voters.
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Wow. A 20% drop in support for Trump among farmers. Ohio, Michigan, Wisconsin and Iowa just went solid blue. No wonder the Trump cultists are in such a hysterical meltdown state.