DES MOINES, the United States, March 31 -- It would be a timely piece of good news for American farmers if the United States and China could reach a deal to defuse bilateral trade tensions before the Spring planting season, a U.S. soybean farmer has said.
"We're gonna be starting to plant in mid-April, mid-May. So we hope that the decision is made (before that), and then that will help us, that would give us some time to make our adjustments where we wanted to," Rick Kimberley, president of Kimberley Farms Inc., told Xinhua in a recent interview.
STOP THE SLOW-BURN
"Right now the kind of estimate is less soybeans to be planted and so a lot of our neighbors will do the same. Some are still kind of waiting," said Kimberley at his family farm in Maxwell, a half-hour drive from Des Moines, capital of the U.S. midwestern state of Iowa.
Kimberley has been widely known both in the United States and China since Chinese President Xi Jinping (then vice president) visited his family farm in 2017.
"It's affecting all of us, this is not good for us. Everybody here wants that worked out. I think it's a slow-burn, it's affecting us slowly. I mean it's affecting our income," said Kimberley.
The silver-haired farmer had forward sold some of his soybeans before the market reacted and went down when the large crop was caught in the middle of the tariff increases between the two countries last year.
"For what we haven't sold, you know, of course the market dropped significantly," Kimberley said, adding it did not feel like it dropped "as much as it actually did" because the administration under President Donald Trump, who initiated the tariffs, came up with "some subsidies" for soybean farmers.
【国际英语资讯:Interview: American farmer expects U.S., China to ink trade deal before planting season】相关文章:
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