While the Jackass-in-Chief is busy persecuting his personal enemies and making political love with America's enemies Putin and Xi JinPing, those dumb peasants from the south and middle of the US who voted for him see their lives being eviscerated by a deal Trump is making with his fellow moron and dick-traitor Javier Millei of Argentina. A deal that is at the expense of the dumb American soybean peasants.
During the campaign, the jackass-in-chief lied to them on matters of domestic economic policy - grocery prices, soybean and corn, etc. So they voted for him. But then, he eviscerated the farms by terrorizing and deporting all their migrant labor.
What he didn't tell them during the campaign is that he doesn't give a shit about them, their labor, their corn or their soybeans. The only thing he cares about is implementing a racist Radical Right pro-rich series of policies - Project 2025 - including sweetheart deals at the expense of the farmers and to the benefit of his dictator foreign friends. Not to mention his seething jealousy at Obama's Nobel Peace Prize and his childish tantrum of wanting a Nobel Prize too! Which is so stupid of him to hope for given his filth, his inhumanity, his lack of compassion, his genetic propsensity to lie and cheat, and exploit those around him to his own personal gain. Many US soldiers who fought and died in WWII are your children, from your farms, and Trump called them "suckers" and "losers". This opinion alone should you tell the jackass's character. His "speech" at the UN was such a disaster and an embarassment at his vulgarity that America is NOT going to be Great Again; it is going to be alone and suffering for a long time, even after the jackass is out of office (if he does the right thing by stepping down at the end of his term.)
America's farmers are paying the price of their own racism. They almost all voted for the criminal who is now treating them like shit, and why did they vote for him? Because they love his racism. Because their grandparents came as ignorant illiterate migrants from the boonies of Europe some 100 years ago, they somehow think the country is theirs and theirs alone, and anyone who is from the cities and who looks different is an enemy. That's what peasants have always done: living insulated lives in their tiny corners of the world, never seeing people of different backgrounds, sticking to religion like stink on a monkey, and believing as conservatives do that the world never changes. These are some of the reasons why John Stuart Mills said conservatives are not necessarily stupid, but that most stupid people are conservatives. Take a pick my peasant friends: Are you stupid, hence conservative? Or are you conservative, hence stupid?
Why don't you get all together and cook up a huge vat of beans, then sit around a fire and fart away your anger at Donald Dumb? You may want to watch Blazzing Saddles for some inspiration.
Read below about MAGA Sen. Grassley from the peasant backward state of Iowa getting upset at Trump for impaling his farmers with an Argentinian stake, that same Trump whom he refused to impeach twice. Serves him well for making a deal with the devil!
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‘The frustration is overwhelming’: Soybean farmers feel betrayed as Argentina blows a hole in rural America’s $47 billion soybean bonanza
Sasha Rogelberg
Updated Thu, September 25, 2025
Rural America is digesting another blow. (Getty Images)
President Donald Trump counts U.S. farmers as one of his most loyal constituencies, but the administration’s recent move to expand economic support for Argentina has drawn the ire of the agriculture industry.
Treasury Secretary Scott Bessent said on social media on Wednesday that he and Trump spoke at length with Argentina president Javier Milei about plants to financially support Argentina to assist in its stabilization. The Treasury is negotiating with Argentina for a $20 billion swap line with Argentina’s central bank, Bessent said on X.com. As part of its effort to increase the flow of capital, Argentina also suspended its export taxes this week, including on soybeans.
Amid the negotiations with the U.S., Argentina reportedly strengthened its trade partnership with China, which ordered at least 10 cargoes of soybeans from the South American country, according to Reuters, which cited multiple traders.
The moves have dealt a blow to soybean farmers in the U.S., who are strongly dependent on exports to China, and have continued to be priced out of the global market due to tariffs hiking the cost of their crop in the midst of its busy harvest season. According to the U.S. Department of Agriculture’s weekly export summaries, China has not bought U.S. soybeans since May.
“The frustration is overwhelming,” the American Soybean Association (ASA) President Caleb Ragland said in a statement on Wednesday. “U.S. soybean prices are falling, harvest is underway, and farmers read headlines not about securing a trade agreement with China, but that the U.S. government is extending $200 billion in economic support to Argentina while that country drops its soybean export taxes to sell 20 shiploads of Argentine soybeans to China in just two days.”
“The farm economy is suffering while our competitors supplant the United States in the biggest soybean import market in the world,” it concluded.
Soybeans accounted for nearly 20% of the U.S.’s cash crop receipts in 2024, raking in $46.8 billion, according to data from the USDA. About one quarter of all soybean exports from the U.S. go to China, but retaliatory tariffs from China as a result of the ongoing trade war—which have reached 34%—have hobbled U.S. farmers, while South American countries like Brazil and Argentina have racked up market share. As of 2024, Brazil made up 71% of the Chinese soybean imports, according to the ASA, up from 2% three decades ago.
For the farmers, the changing market share dynamics isn’t personal, it’s just business, according to Ryan Loy, assistant professor and extension economist for the University of Arkansas Division of Agriculture.
“There’s a lot of politics involved, but at the end of the day, it’s a function of who is cheaper on the market,” Loy told Fortune.
Economic impact on rural America
This market squeeze has an outsized impact on rural communities, where farming can make up 20% of a county’s employment. As global demand for U.S. soybeans waver, so, too, do profits for farmers.
In parts of the Midwest like North and South Dakota and Minnesota, the majority of soybeans get routed to ports in the Pacific Northwest to be shipped overseas. But with fewer shipments of soybeans being exported, supply is piling up, driving down the cost of soybeans. Since its 2022 peak, soybean prices have fallen about 40%.
While some soybeans can go to crushing facilities to be repurposed as oil or used in ethanol, many soybean farms aren’t located near plants able to process and use the crop domestically, Kyle Jore, an economist and farmer in Thief River Falls in northwest Minnesota and secretary of the Minnesota Soybean Growers Association, said even if a trade with with China were to be made today, transportation bookings to take the crop out of state are full because of the busy corn harvest.
“We’re probably just going to plan to sit on the soybeans and wait,” Jore said.
Many farmers trying to cut their losses will sell their soybeans to agricultural co-ops who will buy the crops, but at a much lower price than market rate.
“In the meantime, though, the producers that sell are taking large losses,” Jore said. “And they’re going to have to feel those losses.”
Extension economist Loy warned of the “ripple effects” of strained farmers on rural America.
“If farms in those rural communities aren’t successful, if they face financial hardships, then those rural communities also suffer, too,” Loy said. “All of these rural communities rely on agriculture to some degree. In its most extreme, if farms close up and businesses no longer have the customers there—or at least the customers don’t have the money to support them—businesses close and people move out.”
Aftershocks from the 2018 trade war
Jore called this feeling of concern for the wellbeing of the agricultural economy “deja vu.”
During Trump’s first administration, U.S. farmers lost $27 billion in agricultural exports between mid-2018 and 2019 as a result of a trade war with China, according to a 2022 report from the USDA. During that same period, the U.S. market share of Chinese soybean imports plummeted to a 30-year low of 19%, the ASA reported. Brazil’s market share reached its peach of 75%. Years later, U.S. soybean farmers have yet to fully recover, Todd Main, the director of market development at the Illinois Soybean Association, told Fortune.
“The takeaway that we have from the data of the last time we did this is that the U.S. lost about 20% of our market share, and it never came back,” Main said.
While some soybean producers have been able to make up revenues through different export markets like the European Union (which generated only $2.45 billion in U.S. export revenues in 2024 compared to China’s $12.64 billion, per the USDA), the big difference between Trump’s first trade war versus this one is the price of tools and equipment—in part due to the steep tariffs. According to August data from the North Dakota State University Agricultural Trade Monitor, self-propelled machines like tractors have been hit with a more than 15% tariff rate. Tariffs on herbicides and some pesticides have propelled prices up 25%, partially because of trade disputes with Canada.
“Even though in 2018 we were seeing similar revenues, this time around, we have significantly higher [input], so our margins are much more negative,” Jore said.
What comes next?
Soybean producers have gotten creative to try to build a profitable infrastructure outside of exports to China. The Illinois Soybean Association created the Soy Innovation Center to develop sustainable uses for processed soy, such as oil, that can be used domestically.
The White House, for its part, has floated developing an agricultural subsidy program using revenue from tariffs, according to Agriculture Secretary Brooke Rollins. The first Trump administration provided farmers with a $28 billion bailout. But while the aid was able to nearly completely replace lost revenues, making up for lost global market share is a slower—and not guaranteed—recovery. A similar bailout today would yield similar results, Wendong Zhang, an associate professor of applied economics and policy at Cornell University’s SC Johnson School of Business, told Fortune.
“It will compensate for the immediate economic losses due to tariffs, but it doesn’t necessarily improve the long-term competitiveness of agriculture on the global stage,” Zhang said.
Farmers aren’t banking on a bailout, either. They’re looking for a trade deal—or at least stable enough ground to grow their businesses, Illinois Soybean Association’s Main said.
“We can grow anything. What we really want is good relations with our trading partners,” he said. “We want markets. We don’t want bailouts.”
This story was originally featured on Fortune.com
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Senator Grassley: Eat grass!
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Grassley raises alarm about soybean farmers, Argentina ‘bailout’Ashleigh Fields
Fri, September 26, 2025
Grassley raises alarm about soybean farmers, Argentina ‘bailout’
Sen. Chuck Grassley (R-Iowa) said Thursday American farmers have been overshadowed and outsold by Argentinian soybean production, and he slammed the Trump administration for agreeing to soften the South American country’s economic hardship.
Argentina recently suspended its 26 percent export tax on soybeans, an opportunity used by China to purchase more than 1 million tons of the crop, according to Reuters.
“Why would USA help bail out Argentina while they take American soybean producers’ biggest market???” Grassley wrote in a Thursday post on social platform X.
“We shld use leverage at every turn to help hurting farm economy,” he added, “Family farmers sh[ou]ld be top of mind in negotiations by representatives of USA.”
In past years, the U.S. has been the No. 1 supplier of soybeans to China, which purchased more than half of all American soybean exports last year.
U.S. farmers have been hit hard by President Trump’s trade war with Beijing, which resulted in a 20 percent tariff on all American imports.
China has bought 51 percent fewer soybeans from the U.S. during the first half of the year, while soybean exports are down by 23 percent overall this year, according to The New York Times.
On Thursday, Trump signaled that he would consider using tariff revenue to ease the burden on American farmers.
“We’re going to take some of that tariff money that we made, we’re going to give it to our farmers, who are for a little while going to be hurt until it kicks in, the tariffs kick in, to their benefit,” the president told reporters from the Oval Office.
“So we’re going to make sure that our farmers are in great shape because we’re taking in a lot of money,” he added.
Agriculture Secretary Brooke Rollins on Wednesday signaled that a farmers aid package would also be forthcoming amid the export decline of soybeans and other crops.
“We are at a point where we’re looking at the harvest, where we’re looking at our soybean, corn, wheat, sorghum, cotton farmers, who are facing very, very difficult times,” Rollins said at the White House.
“We are currently in conversations here at the White House, across the government, on a farmer aid package. In our current programming right now, we’ve got about $13 billion moving out under ECAP, which is our old farmer payment system, based on losses from last year and the year before,” she added.
Grassley, a family farmer by trade, has been one of the most outspoken advocates for change amid the cutbacks from foreign partners.
“Farmers VERY upset abt Argentina selling soybeans to China right after USA bail out Still ZERO USA soybeans sold to China Meanwhile China is still hitting USA w 20% retaliatory tariff NEED CHINA TRADE DEAL NOW farmers need markets 2boost farm economy,” the Iowa senator wrote in an earlier Thursday post on X.
Iowa farmers rank second nationally in soybean production, which is valued at $4.5 billion, according to the Iowa Soybean Association.
Last year, state soybean farmers produced 598 million bushels, or 13.6 percent of the U.S. total.
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