WASHINGTON (RFD-TV) — President Donald Trump took to Truth Social on Wednesday afternoon to discuss American soybean farmers and the administration’s ongoing trade negotiations with China.
“The Soybean Farmers of our Country are being hurt because China is, for “negotiating” reasons only, not buying. We’ve made so much money on Tariffs, that we are going to take a small portion of that money, and help our Farmers. I WILL NEVER LET OUR FARMERS DOWN! Sleepy Joe Biden didn’t enforce our Agreement with China, where they were going to purchase Billions of Dollars of our Farm Product, but Soybeans, in particular. It’s all going to work out very well. I LOVE OUR PATRIOTS, AND EVERY FARMER IS EXACTLY THAT! I’ll be meeting with President Xi, of China, in four weeks, and Soybeans will be a major topic of discussion. MAKE SOYBEANS, AND OTHER ROW CROPS, GREAT AGAIN!”
@realDonaldTrump on Truth Social
Trump’s comments arrive about a month before a planned meeting with Chinese President Xi Jinping, and recent headlines about China’s large purchase of soybeans from Argentina after the country dropped its export taxes.
Around the same time China’s soybean purchase was announced, Trump was meeting with world leaders at the United Nations, including the President of Argentina, whom he promised serious financial support to avert an economic crisis, despite their trade movements that undercut U.S. soybean farmers.
Last week, the President announced that tariff surpluses would be directed to U.S. farmers and ranchers, saying, " However, it remains unclear how the administration plans to accomplish this or how much support the ag industry will receive in terms of funding.
Democratic senators, led by Sens. Amy Klobuchar and Elizabeth Warren, penned a letter to the White House, asking the President to reconsider the $50 billion bailout of Argentina and focus on additional support for American farmers.
Watch Market Day Report and Rural Evening News for updates on this developing story.
Economists are also closely watching how policy decisions in Washington could influence markets moving forward. Analysts say deferred futures for corn, soybeans, and wheat suggest markets are operating near break-even levels, not at prices that would encourage expanded production.
February 02, 2026 12:13 PM
·
The biggest development of 2025 in agricultural law and taxation was the signing into law on July 4 of the Trump Administration’s landmark legislation, the “One Big Beautiful Bill” Act (OBBBA)
February 02, 2026 11:40 AM
·
Traders say that shift could eventually prompt the USDA to scale back soybean export projections, noting the outlook differs greatly for other grain commodities.
January 30, 2026 01:13 PM
·
Record milk output looks strong today, but shrinking replacement numbers mean future supply adjustments could be faster and more volatile.
January 30, 2026 11:44 AM
·
January 30, 2026 06:00 AM
·
Eliza Petry joins the RFD News team with a strong connection to agriculture and a commitment to covering the people and issues that matter most to rural America.
January 29, 2026 01:31 PM
·
Reliable waterways lower costs, protect export demand, and support long-term farm profitability.
January 29, 2026 06:00 AM
·
USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg joined us with a recap of the Malaysia trade mission and a look at USDA’s broader trade strategy moving forward.
January 28, 2026 01:49 PM
·
Mike Steenhoek of the Soy Transportation Coalition shares how extreme winter weather is affecting the ag transportation network and what producers should keep in mind as conditions slowly improve.
January 28, 2026 01:36 PM
·
