09/26/2025

Ohio Soybean Association Responds to U.S. Aid for Argentina

The association is displeased with actions taken by the Trump administration

On Sept. 25, the Ohio Soybean Association released a statement expressing concern in the Trump administration's decision to supply aid to Argentina following a move by the Argentine government to export more soybeans to China.

"Earlier this week, the Argentine government announced it would waive taxes on its soybean exports, resulting in a purchase of 35 vessels of soybeans by China," said the organization in a statement to the media. "Yesterday, the U.S. government announced it will extend a $20 billion aid package to the Argentine government and potentially make a purchase of the country's foreign bonds. The timing of this news is particularly troubling as farmers begin to harvest a crop that may have nowhere to go."

"It's hard for Ohio soybean famers to swallow that just a day after Argentina maneuvered to supplant our market share in China, the Trump administration announced it will send taxpayer money to Argentina to prop up its failing economy," said Ohio Soybean Association President and Williams County soybean farmer Rusty Goebel. "Our own farm economy is in a dire position because of tariffs and lack of a deal with our largest trading partner. We need the administration to focus on what matters in the heartland – restoring the market that so many famers’ livelihoods depend upon."

Please select this link to read the complete article from Ohio's Country Journal.