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07/11/2018

Ohio Soybean Farmers Feeling Impact of Tariffs

Decisions made in Washington are hurting farmers everywhere

The United States and China soybean trade war is felt here in Ohio. Local farmers say they're losing money.

Bret Davis, with The American Soybean Association Board, has been planting soybeans for 5 generations.

"One-third of the rows that we grow here in the United States end up in China," Davis said. "That's how important the Chinese market is to us. Since the tariffs were announced, not put into place but announced, we lost two dollars a bushel. We lost 20 percent of our price for our crop. You take 20 percent off the loss of 40 percent in the last five years. It's detrimental to farmers."

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