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.
Treasury Secretary Scott Bessent stated this week that the government will intervene to help, following China’s withdrawal from the U.S. soybean market. One trader says the industry will remain in a holding pattern until Tuesday.
October 03, 2025 01:04 PM
·
University of Illinois Ag Economist Gary Schnitker says early projections indicate soybeans will be more profitable than corn in 2026.
October 03, 2025 11:53 AM
·
Trump’s upcoming talks raise hopes for U.S. soybeans, but China’s record purchases from Brazil and Argentina show America’s market share remains under heavy pressure.
October 02, 2025 10:27 AM
·
Farmers face tighter barge capacity and higher freight costs during peak harvest.
October 01, 2025 04:06 PM
·
Bigger-than-expected corn and wheat stocks are bearish for prices, while soybean figures were neutral. Farmers may face additional price pressure as harvest accelerates.
October 01, 2025 04:02 PM
·
The U.S. pork industry is staying vigilant in keeping its supply safe from foreign animal diseases like African Swine Fever.
October 01, 2025 01:09 PM
·
