Northwestern Corn Belt farmers face a 2018-style repeat as 2025 soybean exports stall. China, facing up to 23% tariffs, hasn’t bought new U.S. soybeans, widening North Dakota’s soybean basis to -$1.35 to -$1.55. With over half of their 220M bushel crop reliant on exports, farmers are urgently seeking alternative markets amid trade tensions reminiscent of the last U.S.-China trade war.
2018 All Over Again? Northwest Corn Belt Farmers Face Storage Crunch, Basis Collapse
