Overview
- He told ABC’s This Week that he is “actually a soybean farmer” and said he has “felt this pain too.”
- He said he believes farmers will “feel very good” once a China deal is announced and predicted substantial Chinese soybean purchases would resume.
- Commentators ridiculed the claim, pointing to reports that his net worth is in the range of $500 million to $600 million.
- Financial disclosures show he owns North Dakota farmland that he leases to operators, generating as much as $1 million a year in rent.
- A hedge fund analyst asserted he was expected to divest those land holdings and missed the deadline, a claim that has not been officially confirmed.