How Farmers’ Frustration With Trump’s Policies Helped Democrats
Published . Updated .
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Anger over tariffs and higher costs because of the war in Iran led many Republican farmers and ranchers to vote blue — or stay home.
Directly affected
- No company is named in this report.
Indirectly affected
- DBA Invesco DB Agriculture Fund-6.1% 30d
Invesco DB Agriculture Fund: it follows farm commodity prices. Linked by “farmers” (grains and farm goods) in this story.
- WEAT Teucrium Wheat Fund-3.1% 12d
Teucrium Wheat Fund: it follows farm commodity prices. Linked by “farmers” (grains and farm goods) in this story.
- XLI Industrial Select Sector SPDR-0.3% 30d
Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.
- ADM Archer-Daniels-Midland-16.8% 30d
Archer-Daniels-Midland (fats and oils): crop traders and farm suppliers move with grain prices and trade. Linked by “farmers” (grains and farm goods) in this story.
- DE Deere-1.1% 30d
Deere (farm machinery and equipment): crop traders and farm suppliers move with grain prices and trade. Linked by “farmers” (grains and farm goods) in this story.
- BG Bunge Global-13.8% 30d
Bunge Global (fats and oils): crop traders and farm suppliers move with grain prices and trade. Linked by “farmers” (grains and farm goods) in this story.
- TSN Tyson Foods+10.9% 30d
Tyson Foods (poultry slaughtering and processing): meat, farm and animal-health firms move with cattle prices and meat trade rules. Linked by “ranchers” (meat and livestock) in this story.
- ZTS Zoetis+22.0% 30d
Zoetis (pharmaceutical preparations): meat, farm and animal-health firms move with cattle prices and meat trade rules. Linked by “ranchers” (meat and livestock) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| DBA | +2.77% | +1.53% | base | -0.19% | after close | after close | after close |
| WEAT | +0.91% | -0.18% | base | -1.00% | after close | after close | after close |
| XLI | +3.03% | +5.45% | base | +0.33% | after close | after close | after close |
| ADM | +9.11% | +0.22% | base | +0.23% | after close | after close | after close |
| DE | +1.76% | +0.35% | base | +1.63% | after close | after close | after close |
| BG | -1.91% | -3.87% | base | +1.17% | after close | after close | after close |
| TSN | -5.17% | -5.26% | base | -0.37% | after close | after close | after close |
| ZTS | -2.97% | +1.01% | base | -2.78% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Anger over tariffs and higher costs because of the war in Iran led many Republican farmers and ranchers to vote blue — or stay home.
Source: The New York Times
Defense
| Company | When | Move | Status |
|---|---|---|---|
| ADM | that day | +0.23% | still updating |
| ADM | three days earlier | +0.22% | final price |
| ADM | five days earlier | +9.11% | final price |
| BG | that day | +1.17% | still updating |
| BG | three days earlier | -3.87% | final price |
| BG | five days earlier | -1.91% | final price |
| DBA | that day | -0.19% | still updating |
| DBA | three days earlier | +1.53% | final price |
| DBA | five days earlier | +2.77% | final price |
| DE | that day | +1.63% | still updating |
| DE | three days earlier | +0.35% | final price |
| DE | five days earlier | +1.76% | final price |
| TSN | that day | -0.37% | still updating |
| TSN | three days earlier | -5.26% | final price |
| TSN | five days earlier | -5.17% | final price |
| WEAT | that day | -1.00% | still updating |
| WEAT | three days earlier | -0.18% | final price |
| WEAT | five days earlier | +0.91% | final price |
| XLI | that day | +0.33% | still updating |
| XLI | three days earlier | +5.45% | final price |
| XLI | five days earlier | +3.03% | final price |
| ZTS | that day | -2.78% | still updating |
| ZTS | three days earlier | +1.01% | final price |
| ZTS | five days earlier | -2.97% | final price |
Trades by members of Congress and officials in the stocks in this story
- Donald J Trump, an executive branch official, bought Tyson Foods (TSN), worth $15,001 - $50,000 on 26 Aug 2026. That is 72 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought Zoetis (ZTS), worth $1,001 - $15,000 on 18 Sep 2026. That is 49 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Zoetis (ZTS) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 63 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Zoetis (ZTS), worth $15,001 - $50,000 on 28 Aug 2026. That is 70 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid the defense case looks
12 out of 100Price not final
“How Farmers’ Frustration With Trump’s Policies Helped Democrats” scores 12 out of 100. The score uses 1 sources. The price is not final yet.