US farmers are expected to sow 85 million acres of soyabeans this year , according to the US Department of Agriculture ( USDA ) , despite a glut from last year 's unsold harvest . The hope is the ongoing US - China trade war will soon be resolved , and futures prices have fallen 5.3 % since China 's 25 % tariff was levied in July . US farmers said sowing soyabeans was cheaper than moving to new crops and , if the trade war continues , they hope to be eligible for more government payouts . However , USDA has repeatedly said its $ 12bn bailout will not be repeated .
US farmers are expected to sow 85 million acres of soyabeans this spring, according to the US Department of Agriculture (USDA), despite a glut from last year's unsold harvest. The hope is the ongoing US-China trade war will soon be resolved, and futures prices have risen 5.3% since China's 25% tariff was levied in July. US farmers said sowing soyabeans was cheaper than moving to new crops and, if the trade war continues, they hope to be eligible for more government payouts. However, USDA has repeatedly said its $12bn bailout will not be repeated.