Great to be in El Dorado, Kansas, with my good friend
@RogerMarshallMD and so many incredible farmers and ranchers!
From strengthening the farm safety net in the Working Families Tax Cuts Act to negotiating 20 new trade deals and frameworks, we’ve been fighting to put farmers and ranchers first since Day One.
And the results speak for themselves. We’ve cut the projected $50B agricultural trade deficit we inherited in half and are setting export records in numerous markets across the globe like Mexico, South Korea, the European Union, and Vietnam.
And compared to this time in 2024, ethanol exports are up 32%, soybean meal exports are up 11%, and corn exports are up 37%.
With some commodities poised for their strongest years on record as we expand market access around the world, we are seeing the farm economy start to rebound here at home.
Since the start of the Trump Administration:
Soybean prices UP 18%
Soybean oil prices UP 44%
Wheat prices UP 17%
Cotton is UP 15%
Sugar is UP 19%
Rice is UP 17.8%
We still have more work to do, but these are encouraging signs.
While in El Dorado, we also highlighted actions the Trump Administration is taking to support ranchers and independent small- and mid-sized beef processors. Just last week,
@USDA announced 146 awards totaling $57M in investments for meat processing expansion, including 10 awards right here in Kansas! 🥩
@POTUS is making sure our farmers and ranchers have the support they need not just to survive, but to thrive. The men and women who FEED, FUEL, and CLOTHE this nation deserve nothing less! 🇺🇸💪