In addition to his trade war, Trump is harming farmers in two new ways:
1) Biofuel waivers are reducing demand for corn and soybeans.
2) The trade deal with Japan is no better than what farmers had under Obama and in the meantime they’ve suffered under useless tariffs.
The trade war with China has been particularly painful for American farmers, but a separate issue is currently straining their support for the administration: biofuel.
The leaders of 23 corn grower organizations sent a letter to President Donald Trump on Friday, arguing that his administration’s biofuel waivers have reduced demand for their crops.
"Frustration in the countryside is growing," the letter reads.
In August, the Environmental Protection Agency granted 31 waivers to small refineries, temporarily exempting them from biofuel laws. The waivers free refineries from having to blend biofuels like ethanol into their gasoline.
Corn growers immediately voiced their concerns and Trump later tweeted that a “giant” ethanol package was in the works.
“The Farmers are going to be so happy when they see what we are doing for Ethanol,” Trump tweeted.
But, a month later, they appear tired of waiting for the details to be finalized. In the letter, growers said that a rising number of ethanol plants are closing or reducing production, costing more than 2,700 jobs. If refineries are using fewer soybeans and corn, it drags down the price farmers can get for their crops.
…
Earlier in the week, farm groups applauded the Trump administration for signing a new trade deal with Japan. It will open up markets for US beef, pork, wheat and other agricultural produce.
“This is a huge victory for America’s farmers, ranchers, and growers, and that’s very important to me,” Trump said at a press conference Wednesday.
But while American pork producers say they’re happy about the deal, it only gives them about the same level of access to the Japanese market as they would have gotten under the Obama-era Trans-Pacific Partnership in the first place. Trump pulled out of the 11-country deal as one of his first acts as President, opting for a bilateral agreement instead.