Senate Majority Leader John Thune weighed in on a potential U.S.-China trade deal as harvest approaches for soybean farmers.

India could absorb a 25 per cent tariff. Economic growth will not be materially affected. All eyes must be on the 25 per cent penalty tariff, due to kick in soon.

Iowa farmers expect to harvest a record corn crop, despite heavy rainfall, derecho, giving them a chance to 'bushel their way out' of low prices.