Size matters. Big U.S. farms get even bigger amid China trade war
Story Date: 9/18/2019

 

Source: REUTERS, 9/17/19

As the 2018 harvest approached, North Dakota farmer Mike Appert had a problem - too many soybeans and nowhere to put them. Selling was a bad option. Prices were near decade lows as U.S. President Donald Trump's trade war with China weighed heavily on the market. Temporary storage would only buy him a little bit of time, particularly in an area where cold weather can damage crops stored in plastic bags.

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