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Patience Is Waning For Iowa Farmers Impacted By Trade War

Patience Is Waning For Iowa Farmers Impacted By Trade War
China will exclude U.S. soybeans and pork from its latest round of tariffs, yet many Iowa farmers are concerned as the trade dispute continues to impact their bottom lines. 
 
David Differding and his wife Susan own Timeless Prairie Orchard, a small apple farm in Winthrop, Iowa. He says his business has lost tens of thousands of dollars as rising tariffs lead large-scale apple producers in Washington to flood the market with the lower priced produce they're unable to export.
 
Differding says farmers' patience is running out, which may show up in political opinion, and possibly even upcoming elections.
 
"This is business, and they have to realize that what they're doing to businesses across the United States and not just in Iowa is hurting everybody," Differding says. "And the markets that they've worked years to gain are not going to come back right away. And that's going to be the long term effect of what's happening."
 
 
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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.