Farmers cautiously optimistic about US/China talks

The president of the American Soybean Association says a resolution to the trade war with China would a great Christmas present for America’s farmers.

Iowa farmer John Heisdorffer says this trade war has been costly.  “This bean market has been floored out and doesn’t want to move up,” he says.

He tells Brownfield the negotiations couldn’t come at a better time.  “We have less beans in Brazil than we thought, and they’re pretty much sold out for the year,” he says.  “This is where we usually start to pick up a lot of the market.  Let’s get these US beans rolling back to China.”

AUDIO: John Heisdorffer, American Soybean Association president

Central Indiana farmer Mike Beard says while it is still early – the news is encouraging and he’s optimistic.  “But we’ve had a real challenge trying to keep the bottom line out of the red,” he says.

AUDIO: Mike Beard, Indiana corn and soybean producer

Negotiations are set to begin immediately.  According to the White House, both parties want a deal completed within the next 90 days.

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