Touch the Soil News #1107 (Feature photo – Soybeans – photo courtesy of USDA)
The South China Morning Post reported that Russia has offered 2.5 million acres of farmland (suitable for soybeans) to foreign investors – primarily China.
The trade war between the U.S. and China is going beyond just issues of trade, but international politics as to who is friends with who.
2.5 million acres represents a farm that is 50 miles wide and almost 800 miles long. While the land may not be the best or have good transportation infrastructure, the price may be right. Development of this farm by Chinese means that U.S. farmers may out of the market forever – at least for the potential Russian-grown soybeans. You can read the full story here: