American farmers welcomed China's promise to buy some of their soybeans, but they cautioned this won't solve all their problems as they continue to deal with soaring prices for fertilizer, tractors, repair parts and seeds.

President Donald Trump and Xi Jinping agree on soybean purchases after China shifted purchases to Brazil, a move that hurt American farmers.

"This is great news for Iowa farms and our ag economy," said Iowa Secretary of Agriculture Mike Naig. WASHINGTON — U.S. Secretary of the Treasury Scott Bessent said Thursday that China will purchase 25 million metric tons of American soybeans annually.

Thursday marked the first visit to Indiana for U.S. Agriculture Secretary Brooke Rollins since she was confirmed to lead the U.S. Department of Agriculture in February. Her visit coincided with a form

China plans to return to buying U.S. soybeans following trade discussions led by President Trump, Editor Dave Bergmeier writes.