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The Trump administration says China has fulfilled its initial commitment to buy 12 million metric tons of soybeans, but it’s not clear if the trade agreement announced in October can withstand President Donald Trump’s ever-shifting trade policy as American farmers are still dealing with high production costs. Earlier this month, Trump said he would impose 25% tariffs on any country that buys from Iran, which would include China. Iowa State University agricultural economist Chad Hart says that could undermine an October trade agreement with China and cast doubt on China's commitment to purchase 25 million metric tons of American soybeans in each of the next three years.

AP Wire
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Tech companies looking to plunge billions of dollars into ever-bigger data centers to power artificial intelligence and cloud computing are increasingly being voted down. Communities across the United States are learning from each other’s battles as data center developers branch out in search of faster connections to power sources. Once-sleepy municipal board meetings in farming towns and growing suburbs now feature crowded rooms of angry residents pressuring local officials to reject the requests. One commercial real estate consultant says “it's becoming a huge problem” and it's raising alarms among Big Tech firms, electricity providers, labor unions and other AI stakeholders.

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Farmers are now learning how much aid they can expect to receive from a $12 billion package that President Donald Trump announced earlier this month. The U.S. Department of Agriculture released the figures Wednesday for how much aid per acre farmers can plan on for each row crop. The details arrived after most farmers have already met with their bankers to arrange financing for next year’s crops and placed orders for the seed and fertilizer they will need. But officials have promised that the payments should arrive by the end of February. Farmers say the aid won’t solve all their problems as they continue to deal with soaring costs.

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Tyson Foods is closing its beef plant in Lexington, Nebraska, laying off 3,200 workers next month in a town of just 11,000. Nearly a third of the town’s population will be out of work, causing spinoff layoffs in local businesses and threatening to unravel the small town. Workers who bought homes and sent their children to college will be stuck with bills they won’t be able to pay. Hundreds of families may be forced to pack up and leave. Local businesses struggling without enough customers may have to join them. State agencies are responding with the urgency of a natural disaster, but the workers still have no clear plan for what comes next.