Iowa Secretary of Agriculture Mike Naig issued the following statement after the Trump Administration made a new trade announcement regarding China, which includes China ¢â‚¬â„¢s commitment to purchase 12 million tons of U.S. soybeans this season and at least 25 million tons of soybeans per year for the next three years:

¢â‚¬Å“This is great news for Iowa farmers and our ag economy. Expanded soybean purchases by China will make a meaningful impact at a time when many farmers are feeling the pain of a tough farm economy. It ¢â‚¬â„¢s important that we continue to play offense on trade by opening and expanding new markets while also driving domestic use of Iowa products, especially homegrown biofuels. ¢â‚¬ �