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U.S. Soybean Farmers Struggle Amid Trade Tensions U.S. soybean farmers are facing a tough reality as prices remain stagnant around $10.30 per bushel, well below the $10-11 production cost. The Minnesota Soybean Association's president, Darin Johnson, highlights the challenge of selling below cost, exacerbated by a 78% drop in exports to China due to retaliatory tariffs. China, once a major buyer of 20-25% of U.S. output, now imposes a 34% effective duty, pushing farmers to seek markets like Mexi