Soybean farmers could recover half market share

Dr. Chad HartChad Hart, associate professor, was quoted in a Markets Insider story on Jan. 14, 2019, on the outlook for American soybean farmers.

American soybean farmers could recover about half of their market share over the next year if tariffs were lifted immediately, according to Chad E. Hart, an agricultural economist at Iowa State University. In the long run, he said that could increase to about three quarters.

"We won't gain back everything we lost," Hart said in a December interview. "We sort of lost our window of opportunity in the Chinese market, at least for this growing season. Once you've established trade flow and get that shipping all worked out, it's hard to want to move away from that."