FACT: Trump Was a Disaster for Iowa’s Farmers

As president, Trump consistently failed Iowans and Iowa’s farmers. From handing out exemptions to the renewable fuel standard to starting a reckless trade war with the potential to cost Iowa’s farmers hundreds of millions of dollars, Trump made the Hawkeye State suffer during his presidency.

Trump put the oil industry’s profits over the needs of Iowa’s farmers.

Des Moines Register: “Renewable fuels advocates had pushed the EPA to use a three-year rolling average of the actual number of gallons waived for refineries. Elected Iowa leaders say that’s the deal they reached when they met with Trump and his administration in September. But the EPA rule released Thursday will use an average of the gallons that the Energy Department recommends waiving, which has been significantly less.”

Des Moines Register: “Since taking office, the Trump administration has granted 85 refineries a pass from buying 4 billion gallons of renewable fuel, killing demand for 1.4 billion bushels of corn used to make it.” 

Financial Times: “While the EPA said it would compensate for the biofuel volumes lost to the refinery waivers, it now wants to calculate the amount lost based on Department of Energy recommendations, which means hundreds of millions of gallons fewer biofuel sales than first promised, adding to farmers’ woes. Nor would the EPA make up the volumes lost to waivers given in earlier years.” 

Financial Times: “Farmers were already frustrated by the decline in soyabean, sorghum, ethanol and corn-based livestock feed exports as a result of the US trade war with China. In north-west Iowa’s fourth congressional district, goods exports to China fell by $558m in 2018 because of higher tariffs, the most of any district in the country, according to the US-China Business Council.”

Farm bankruptcies rose to near decade highs under Trump’s presidency.

HuffPost: “Farm Bankruptcies Soared 20% Amid Trump Trade War. It’s The Highest Rate In 8 Years.”

HuffPost: “The American Farm Bureau attributed the figures, based on court bankruptcy data, to record farm debt and ‘headwinds on the trade front’ triggered by Trump’s trade war.”