soybean farmers
US Treasury Secretary Announces Breakthrough in US-China Trade Negotiations Ahead of Trump-Xi Summit
Oct 27, 2025 12:43 am CST
US Treasury Secretary Scott Bessent has announced a significant trade agreement with China, averting planned tariff increases in exchange for Beijing delaying rare earth export restrictions. The deal includes substantial agricultural purchases benefiting US farmers and is expected to be formally announced at the upcoming Trump-Xi summit in South Korea.
Trump Announces Upcoming Meeting with President Xi Jinping to Discuss Soybean Trade and Agricultural Relations
Oct 02, 2025 09:34 am CST
President Trump has scheduled a meeting with Chinese President Xi Jinping in four weeks, focusing primarily on soybean trade issues affecting American farmers. Trump pledged support for US farmers hurt by China's halt in soybean purchases, promising to use tariff revenue to assist them. The announcement follows their recent cooperation on the TikTok deal, signaling ongoing diplomatic engagement between the two economic powers.
Madhya Pradesh Soybean Farmers Face Crisis: Heavy Rains, Disease Destroy Crops as Government Revives Bhavantar Scheme
Sep 29, 2025 11:58 pm CST
India's largest soybean-producing state, Madhya Pradesh, is witnessing an agricultural crisis as farmers struggle with crop destruction from heavy rains and disease. While the government has announced the revival of the controversial Bhavantar Yojana to bridge the gap between market price and Minimum Support Price, farmers remain burdened with mounting debts and uncertain futures as they receive far less than the established MSP of Rs 5,328 per quintal.