Soybean farmers store crops amid hopes of higher prices

Rather than sell into a depressed market caused by tariffs, US soybean farmers are storing their crops hoping to eventually get a better price.

A bumper harvest and tariffs imposed by China on American exports in response to US tariffs on Chinese goods have hit prices.

Austin Rincker, who grows corn and soybeans and raises cattle on a farm near Moweaqua, Illinois, said that farmers like him are facing stiff headwinds.