# On the front lines: Trade war sinks North Dakota soybean farmers

> North Dakota soybean farmers, who have the best access to ports serving China, cannot sell their crops at a profit. Record soybean supplies remain in storage ahead of the next harvest.

- Date: 2019-08-22 · published 2019-08-22T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/57612-on-the-front-lines-trade-war-sinks-north-dakota-soybean-farmers
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Record stocks and lost China demand keep U.S. soybean basis and cash prices depressed, reinforcing downside pressure until export outlets reopen.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-11-12 | [U.S. soybean farmers hang on for dear life in Trump's China trade war](https://feedsoft.ai/events/62097-u-s-soybean-farmers-hang-on-for-dear-life-in-trump-s-china-trade-war.md) | +1.9% | +4.5% |
| SOY | 2020-01-09 | [New Data: U.S. Soybean Farmers Lost 2nd Year To China Trade War](https://feedsoft.ai/events/55115-new-data-u-s-soybean-farmers-lost-2nd-year-to-china-trade-war.md) | -1.0% | -6.1% |
| SOY | 2018-10-29 | [Soybean, pork farmers hurt most by trade war](https://feedsoft.ai/events/62549-soybean-pork-farmers-hurt-most-by-trade-war.md) | +3.6% | +2.0% |
| SOY | 2018-10-22 | [Damaged soybean crop hits farmers reeling from U.S.-China trade war \| Farmtario](https://feedsoft.ai/events/62590-damaged-soybean-crop-hits-farmers-reeling-from-u-s-china-trade-war-farmtario.md) | -1.4% | +4.1% |
| SOY | 2019-03-14 | [Why U.S. growers are betting the farm on soybeans amid China trade war](https://feedsoft.ai/events/8266-why-u-s-growers-are-betting-the-farm-on-soybeans-amid-china-trade-war.md) | +1.9% | +1.5% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-china-soybeans-idUSKCN1VC0ZX/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.