The announcement of an additional $16 billion in trade assistance aid for American farmers on May 23 was welcomed by Virginia Farm Bureau Federation members, but there are still some concerns.
The 2018 corn and soybean yield and production estimates are in from the U.S. Department of Agriculture, and the top Virginia county for soybean yields in 2018 was Frederick County, with an average of 55.2 bushels an acre.
Virginia soybean growers already expect the 2018-2019 marketing season to be a bust. And as trade talks between China and the U.S. extend into spring, they’re worried that next year’s exports sales will slump as well.
Most Virginia row crops typically are harvested by Thanksgiving, but a record rainy spring and summer has led to one of the longest harvest seasons in recent memory.
Soybeans have been Virginia’s top agricultural export for the past couple of years. Odds are they won’t be anymore.