Story perspectives

Farmers Seek New Markets Amid Soybean Trade Turmoil

3/18/2026

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Summary

Story summary

Farmers in North Dakota and South Dakota face tariff- and trade-war–driven challenges to soybean sales.
Many have received notices to seek alternative markets.
Mike McCranie, a South Dakota farmer, notes China was a primary market and exports are diversifying toward Southeast Asia, including Indonesia.
Matt Gast, vice chair of the United Soybean Board (USB), stresses new markets and uses for soybeans, including biofuels.
Taiwan and Egypt are expansion targets.

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Story summary

Farmers in North Dakota and South Dakota face tariff- and trade-war–driven challenges to soybean sales.
Many have received notices to seek alternative markets.
Mike McCranie, a South Dakota farmer, notes China was a primary market and exports are diversifying toward Southeast Asia, including Indonesia.
Matt Gast, vice chair of the United Soybean Board (USB), stresses new markets and uses for soybeans, including biofuels.
Taiwan and Egypt are expansion targets.