Trade

Soy Growers in D.C. to Talk Tariffs, Importance of Trade with China

American Soybean Association (ASA) farmer leaders from across the country took to Capitol Hill today to talk with lawmakers about the potential impact of Chinese tariffs on U.S. soybeans. ASA President and Iowa farmer John Heisdorffer issued the following statement: “China purchases 61 percent of total U.S. soybean exports, and more than 30 percent of … Read More »

House to Trump: China Retaliation Hurts Farmers

U.S. representatives of districts with a heavy agriculture community are encouraging the Trump Administration to address China’s trade practices in a manner that avoids retaliation that harms farmers. Click here to read the letter. ASA is asking soy growers to take action on Wednesday, April 25 by contacting both their state governor and congressional representatives to talk … Read More »

Soy Growers Urge Congress to Rethink Tariffs

Soy growers again expressed grave concern over the Trump Administration’s use of tariffs to address China’s unfair trade practices. The American Soybean Association (ASA) and several other supply chain stakeholders sent a letter to the House Ways & Means Committee, urging Congress to develop a strategic plan to address problems with China and ensure U.S. … Read More »

ASA’s Heisdorffer Testifies on Importance of Trade with China

American Soybean Association (ASA) President John Heisdorffer today provided testimony before the House Committee on Ways and Means on the potential impact of Chinese tariffs on U.S. soybeans. Heisdorffer, who farms in Keota, Iowa, highlighted the importance of maintaining China as a robust market for U.S. soybean exports, and the lasting effects implemented tariffs and … Read More »

Soy Growers Talk Paying the Price for a Trade War with China

Soy growers are frustrated, but not surprised this week, as a trade war looms with U.S. soy’s top customer. The Chinese Commerce Department announced plans to impose a 25 percent tariff on U.S. soybeans in retaliation for the U.S. proposed $60 billion in tariffs against Chinese goods. Soybean futures were already down nearly 40 cents … Read More »

Chinese Retaliation is No Longer a ‘What If’ for Soybean Farmers

Following China’s announcement of a proposed 25 percent tariff on imported U.S. soybeans, the American Soybean Association (ASA) is again expressing its extreme frustration about the escalation of a trade war with the largest customer of U.S. soybeans, and calling on the White House to reconsider the tariffs that led to this retaliation. China purchases … Read More »

Farmers for Free Trade Releases New National TV Advertisement Warning President Trump China Tariffs Impact U.S. Farmers

WATCH – National Ad Features Indiana Soy Farmer and Former State Trooper Brent Bible who cautions: “Our farm and many others like ours will be one of the first casualties of a trade war.” American Soybean Association President: “Retaliation that reduces demand and prices for our crops will further harm farmers and rural communities that … Read More »

Trade Talk: Soy Growers Urge Administration to Rescind China Tariffs

In 2017, China imported $13.9 billion of U.S. soybeans, 61 percent of total U.S. exports and nearly one-third of annual soy production. U.S. soy growers are very concerned about potential retaliation by China following President Donald Trump’s decision to impose approximately $60 billion in tariffs on Chinese products under the 301 investigations, as well as … Read More »

Soy Growers: Retaliation by China Will Cost Farmers Their Livelihoods

Following the announcement of approximately $60 billion in tariffs against Chinese goods under Section 301 of the Trade Act of 1974 Thursday, the American Soybean Association (ASA) reiterated its significant concern about the potential for China to retaliate against U.S. soybeans. China is the largest purchaser of U.S. soybeans, consuming nearly a third of U.S. … Read More »

Soy Growers Urge Lawmakers to Support Export Promotion Programs in Farm Bill

The American Soybean Association (ASA) earlier this week asked soy growers to contact their House members and urge them to sign a letter supporting reauthorization of the Foreign Market Development Program (FMD) and the Market Access Program (MAP), and also include provisions of the Cultivating Revitalization by Expanding American Agriculture Trade and Exports Act (CREATTE … Read More »