Commodities

US President Trump posts on Truth Social a request from Senator Grassley for Trump to help US farmers like he did for consumers of pharmaceutical products

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Senator Grassley asked President Trump to support farmers facing high costs, mirroring recent federal drug pricing agreements that lowered healthcare expenses across major pharmaceutical manufacturers.

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Full post: "From Chuck Grassley President Trump I ask you to do for American farmers what you have done for consumers of pharmaceutical products. The situation is this. American companies that produce seed fertilizer and chemicals are selling their products overseas and particularly Brazil at great discounts unfair to the American farmer. In the case of corn seed, American farmers are paying a 68% premium over what is paid in Brazil. It is easy to see that if you put pressure on these companies like you did the pharmaceutical companies you wouldn’t need to appropriate $11 billion to farmers for bridge. Please study this if you find an injustice to the American farmer announce something shortly even if you can’t negotiate right away. A very big thank you from the American farmer."

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