# America's farmers stand to lose the most in a China trade war

> CNBC reports that US farmers could take the largest hit in a US-China trade war, since agriculture is a major share of US exports to China. Soybeans accounted for $10.5 billion of the $20.2 billion in US farm exports to China in 2015, and Global Times said China would target soybean and corn imports in retaliation.

- Date: 2017-01-26 · published 2017-01-26T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/72863-america-s-farmers-stand-to-lose-the-most-in-a-china-trade-war
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Retaliation targeting soybeans and corn would reduce US export demand and pressure domestic prices, while the risk premium depends on whether duties are actually imposed.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2018-07-13 | [Canadian farmers 'caught in the crossfire' of US-China trade war](https://feedsoft.ai/events/64037-canadian-farmers-caught-in-the-crossfire-of-us-china-trade-war.md) | +1.9% | +7.0% |
| SOY | 2018-11-30 | [U.S. Ag Sales to China to Fall by 45% in Trade War](https://feedsoft.ai/events/61933-u-s-ag-sales-to-china-to-fall-by-45-in-trade-war.md) | +3.3% | -0.5% |
| SOY | 2019-03-02 | [As trade war wears on, U.S. soybean farmers start to worry that China's demand won't return](https://feedsoft.ai/events/60197-as-trade-war-wears-on-u-s-soybean-farmers-start-to-worry-that-china-s-demand.md) | -1.7% | -1.7% |
| CORN | 2024-12-12 | [Trump trade war to hurt farmers as China turns to Brazil](https://feedsoft.ai/events/14698-trump-trade-war-to-hurt-farmers-as-china-turns-to-brazil.md) | -0.0% | +5.6% |
| CORN | 2018-10-12 | [Trade War Drives Farmers to Corn as China Shuns US Soybeans - TT](https://feedsoft.ai/events/8558-trade-war-drives-farmers-to-corn-as-china-shuns-us-soybeans-tt.md) | +2.4% | +3.2% |
| CORN | 2025-03-04 | [USDA Prepares to Protect Farmers in a Trade War - AgWeb](https://feedsoft.ai/events/25559-usda-prepares-to-protect-farmers-in-a-trade-war-agweb.md) | +3.2% | +4.7% |

## Sources

- cnbc.com: https://www.cnbc.com/2017/01/26/americas-farmers-stand-to-lose-the-most-in-a-china-trade-war.html

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