American farmers welcomed China’s promise to buy some of their soybeans, but Iowa farmer Robb Ewoldt cautioned this won’t solve all the problems as farmers continue to deal with soaring prices for fertilizer, tractors, repair parts and seeds. The Chinese promise to buy 25 million metric tons of soybeans annually for next three years will bring their purchases back in line with where they were before President Donald Trump launched his latest trade war. But the 12 million metric tons that Treasury Secretary Scott Bessent said China will buy between now and January is only about half their normal purchases. China is the world's largest buyer of soybeans but it quit buying from America earlier this year after Trump imposed his tariffs.