Expert: Soybean bailout doesn't make up for loss of demand for Minnesota farmers
Update: 2025-10-07
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As soon as Tuesday, the Trump administration is expected to announce a significant bailout package to help soybean producers and other farmers. President Donald Trump’s trade policies have had an outsized impact on farmers. China, the biggest buyer of U.S. soybean exports, isn’t buying any beans. It’s leaving Minnesota’s soybean farmers in a lurch.
Ed Usset is a grain market economist for University of Minnesota Extension. He joined MPR News host Nina Moini to explain why soybean farmers need government assistance and the potential impact of that federal aid.
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