Illinois Soybean Farmers Adapting to Tariffs and Seeking New Markets

Amid ongoing trade challenges, Illinois soybean farmers are adjusting their strategies as tariffs on Chinese imports continue to reshuffle the agricultural landscape. With significant losses expected, many are seeking alternative markets and uses for their crops. Last year, U.S. soybean exports to China totaled an impressive $12 billion; however, experts now anticipate a halt in orders for 2025. Bryan Severs, the Chairman of the Illinois Soybean Association, expresses a dual perspective, understanding both the need for fair trade and the immediate consequences these tariffs impose. Notably, he mentioned that approximately 40% of Illinois's soybeans were exported to China in the previous year, indicating a pressing need to find substitute markets. SEE ALSO: Illinois soybean industry faces crisis; Lawmaker calls for change Severs points to potential opportunities, naming countries such as Indonesia and the Philippines as new markets that are currently underutilized. He highlights the role of the soybean association's market development team, which is continuously seeking innovative applications for soybeans, helping farmers diversify their income. One promising avenue for farmers includes creating biofuels and grease from soybeans for farm machinery. Nevertheless, Severs emphasizes the hope for a return to trading with China, aspiring for a new agreement that could revitalize the market. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to WCIA.com.