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US soybean farmers, deserted by big buyer China, scramble for other importers
Yahoo Finance· 2025-10-04 00:22
After months of work that included planting seeds, fertilizing fields and spraying weedkillers, Illinois growers on average are facing losses of up to $64 per acre this year, thanks in part to low crop prices and weak exports, according to University of Illinois estimates.About 60 miles (97 km) west of Chicago, where the city and suburbs start to give way to green fields, farmer Ryan Frieders, 49, will be storing much of his beans in bins after previously selling some of his expected harvest at prices below ...
Ag Equipment Maker, Citing Tariffs, to Shift Work Out of U.S.
Yahoo Finance· 2025-10-02 22:35
A manufacturer of agricultural equipment is citing tariffs in its decisions about its operations in the U.S.But rather than expanding its U.S. production, it will instead shift some work overseas. Most Read on IEN: CLAAS, a German maker of tractors, harvesters and other farm machinery, operates a factory in Omaha, Nebraska, where it builds its Lexion combine. Rather than remain in the U.S., however, those combines are primarily sold in Canada — which means that the steel and aluminum used to make them in N ...