U.S. agriculture bets the farm on Chinese soy demand
Story Date: 4/10/2017

 

Source: REUTERS, 4/6/17

Struggling U.S. farmers are pressing their luck with soybeans this spring, sowing record acreage even though the world is awash with the oilseed, as demand from China offers a potential lifeline. Soybean plantings could surpass corn for the first time this year, with rising exports holding up prices and providing a narrow path to profitability for U.S. farmers facing their fourth straight year of declining incomes.

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