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US farmers face falling Chinese crop purchases and higher diesel and fertilizer costs
Reuters Breakingviews argues a midterm voter rebuke of Republicans would be unlikely to reverse agriculture’s economic slide.
TLDR
Reuters Breakingviews warns that US farmers risk permanently losing export markets as China slashes soybean and grain purchases. Its commentary says diesel and fertilizer prices have risen 50%, adding to the strain, and argues that even a midterm voter rebuke of Republicans is unlikely to reverse agriculture’s economic slide.
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