# U.S. farmers scramble to contain trade-war damage, find new markets

> U.S. farmers are looking for new export markets after China, which bought about 32 million tons of U.S. soybeans last year, now buys almost none following a 25% tariff imposed in July. Sri Lanka's purchases of about 3,000 tons show how small alternative buyers are by comparison.

- Date: 2018-11-14 · published 2018-11-14T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/61932-u-s-farmers-scramble-to-contain-trade-war-damage-find-new-markets
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Losing China's soybean demand leaves U.S. beans dependent on smaller buyers at discounted prices, which weighs on futures and farm-gate values.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-08-08 | [US-China trade war: Soybean farmers are working new markets](https://feedsoft.ai/events/57614-us-china-trade-war-soybean-farmers-are-working-new-markets.md) | +1.4% | +0.1% |
| 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 | 2018-08-11 | [China says U.S. farmers may never regain market share lost in trade war - POLITICO](https://feedsoft.ai/events/63420-china-says-u-s-farmers-may-never-regain-market-share-lost-in-trade-war-politico.md) | +4.2% | -1.5% |
| SOY | 2018-07-10 | ['China has crashed the price': Canadian farmers collateral damage in China-U.S. trade war - Financial Post](https://feedsoft.ai/events/64041-china-has-crashed-the-price-canadian-farmers-collateral-damage-in-china-u-s.md) | -2.6% | +3.0% |
| 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% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-troubleshooters-insight/u-s-farmers-scramble-to-contain-trade-war-damage-find-new-markets-idUSKCN1NJ1LS/

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