FORT WAYNE, Ind. (WOWO): Indiana farmers suffered significant financial losses from tariffs imposed during the U.S.-China trade dispute, according to a new study from North Dakota State University.

Researchers found Indiana ranked ninth in the nation for agricultural losses, with farmers estimated to have lost more than $600 million as a result of retaliatory tariffs on American exports.

The study found corn and soybean producers were among the hardest hit, as China reduced purchases of U.S. agricultural products during the trade conflict. Midwest states experienced the greatest overall impact because of their heavy reliance on crop exports.

Researchers said the losses reflect both reduced export demand and lower commodity prices that affected farm income across the region.

The report adds to ongoing discussions about the long-term effects of trade policies on agricultural markets and rural economies. While some federal assistance programs were created to offset losses, the study suggests many farmers still faced substantial financial challenges during the tariff dispute.