
| hlstark - 11/26/2025 17:39 If you want to pick out a few months of his term you are correct, but for the vast majority of his presidency the soybean price based on who was in office isn’t even close.
The only POTUS in the past 50 years that deserves any credit for raising grain prices is GWB and most of it didn't even happen until after he left office.
EVERYONE else merely looks good/bad for grain prices mostly based off of things they had little or no bearing on. Droughts both here and abroad, livestock diseases both here and abroad, oil prices, etc. Timing is everything.
Obama looked great for grain prices simply because he followed GWB and there was a record drought while he was in office. Biden looked decent for grain prices because of the disaster that was the 2019 crop finally was exposed for what it was, the Covid demand yo-yo and world wide grain stocks were down. It was NOTHING that he did that raised grain prices. Just as its NOTHING Trump has done to cause beans to rally in the past 2 months.
Most of what Trump has done has had very very little affect on grain prices. When SA has beans available China is going to buy them there first from the infrastructure they have helped build. Even without tariffs, China wasn't going to buy many/any beans from the US until they have to.
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