And that put farmers behind the power curve compared to our competitors in this space, where I think the president has used tariffs appropriately, is going after real manipulators like China to hold them accountable. Equally, The president has been successful in meeting with President Xi of China and saying, hey, you made an agreement. You're going to buy 12 million metric tons of Iowa soybeans, or American soybeans. Much of it comes from Iowa, and the Chinese followed through on it. And so we are selling soybeans now to China at a much better rate than we ever have before. (04:34–04:43)
CLAIM
Asserts that an agreement was made with China to buy 12 million metric tons of American soybeans.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
