>> US farmers finishing their harvest are facing a big problem, where to put the mountain of grain they can't sell to Chinese buyers. The US-China trade war has sharply hurt export demand, and swamped storage facilities with excess grain. 89 million acres of soybeans were planted this year, to meet China's rising demand.
That was before Beijing slapped a 25% tariff on US soybeans, in retaliation for duties imposed by Washington on Chinese exports. Now grain farmers are seeking to prevent over production by either burying their crops leaving them to rot, or piling them on the grounds, in hopes of getting better prices next year.
Profiting this year grain storage companies, who are charging farmers more to store crops at elevators where space is limited. President Trump rolled out a government aid program of $12 billion to help farmers absorb the cost of the trade war. But so far less than $1 billion has been doled out.
Beyond the economic woes, this farmland frustration could have a political impact. According to a Reuters analysis, Democrats have seen gains in dozens of the country's most rural congressional districts, which could help in their bid to retake the White House in 2020.