Trump, band-aid and Soybean
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According to the New York Times, Bessent’s holdings were worth up to $25 million of soybean and corn farmland in North Dakota, comprising thousands of acres. The publication adds that Bessent may have pocketed around $1 million per year in rent from the investment.
The Trump administration has announced $12 billion in relief for farmers but that won’t cover all their losses.
U.S. Treasury Secretary Scott Bessent, a key figure in implementing President Donald Trump's economic agenda including tariffs, disclosed on Sunday that he has recently divested his interests in a soybean farm to comply with the ethics agreement he signed last January when he joined the administration.
The Treasury Secretary said on Sunday he recently shed his holdings to comply with his federal ethics agreement.
In a wide-ranging interview on Sunday, Treasury Secretary Scott Bessent said on CBS News’ “Face the Nation” that he has divested himself from a soybean farm in North Dakota to comply with a government ethics agreement,
The National Soybean Research Institute in Indore has introduced 'Soybean Gyan,' an AI-powered app designed to enhance soybean yields by offering timely information on diseases, pests, and market prices.
Midwest agronomists suggest farmers consider reducing soybean plant populations based on 2025 observations, plus other tips for boosting crop performance.