U.S. farmers see another bleak year despite Phase 1 trade deal [Reuters (UK)]
CHS Inc - 8% Cumulative Redeemable Preferred Stock (CHSCP)
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Source: Reuters
U.S. farmers see another bleak year despite Phase 1 trade deal - Reuters 8 Min Read CHICAGO/DIMMITT, Texas (Reuters) - Across snow-covered North Dakota, U.S. farmers are stuck with fields full of weather-damaged corn - a crop they planted after the U.S.-China trade war killed their soybean market. Many don’t know yet what crops they’ll plant next season among a host of dicey options. In Texas, Kansas and Colorado, farmers are weighing whether they should plant fewer acres of corn and more sorghum, even though China has all but stopped buying it. That’s because sorghum costs about half as much as corn to plant, which appeals to farmers wary of investing too much for an uncertain return. As the U.S. farm economy reels from the worst harvest in decades after nearly two years of the trade war, U.S. grain growers are struggling to decide what crops might keep them in business. U.S. President Donald Trump announced last month that China had agreed to double its pre-trade war purchases of U.
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CHSCP
Sec Filings
- 11/15/24 - Form 4
- 11/6/24 - Form 8-K
- 11/6/24 - Form 10-K
- CHSCP's page on the SEC website