Deputy Agriculture Secretary Stephen Vaden suggested Tuesday that USDA officials are looking at a “bridge” policy that would help crop farmers facing low commodity prices until stronger price supports take effect next year.
Agricultural Economy
China Remains Absent from US Soybean Market
Just days before the start of the US export season for soybeans, the world’s top importer China doesn’t appear to have bought a single American cargo for the coming year. That causing farmers in the Northern Plains to face cash soybean prices below $9, and with China absent from the soybean export market, $8 soybeans could continue to be a reality this harvest.
Cattle Industry Concerned Over Screwworm Reporting Delay
A nearly three-week delay between the confirmation of the first human infestation of travel-associated New World screwworm in the United States on August 4 and the U.S. government’s disclosure erodes trust that public agencies need to identify and fight potential screwworm outbreaks, said Neal Wilkins, CEO of conservation and cattle group East Foundation.
Farmers May Need Emergency Market Aid, Ag Leaders Say
Ag industry leaders and important government figures are saying changes in the OBBBA should help farmers economic situation, but they’re beginning to acknowledge that they may not be enough — or may not come soon enough — to make enough of an impact for farmers. At events this past week, both Senate Majority Leader John Thune and Zippy Duvall, president of the American Farm Bureau Federation, addressed the potential need for additional federal assistance for farmers.
Farmers Feel Fertilizer Price Squeeze as Tariffs Hit Ag Sector
Farm groups are warning that President Donald Trump’s tariff war is worsening already high fertilizer prices, making it harder for farmers to afford planting their usual amounts of corn, wheat and soybeans.
Soybean Farmers Warn they ‘Cannot Survive’ China Trade War
US soybean farmers are near a ‘trade and financial precipice’ and cannot survive a prolonged trade war with China. That’s the warning from Caleb Ragland, president of the American Soybean Association. In a letter to President Donald Trump dated Tuesday, he urged the administration to reach a deal with China to remove duties and, if possible, include significant soybean purchases.
USDA Forecasts Record Corn Yield and Production
The USDA on Tuesday forecast a record corn crop at a whopping 16.7 billion bushels with record yields projected for corn at 188.8 bushels per acre — shattering another record. USDA also bumped up the soybean yield to 53.6 bpa, just below the record.
John Deere Gets Access to Competitor Data in FTC Case
John Deere will have access to confidential business information from several of its competitors after those companies fought in court to prevent the release as part of ongoing anti-trust, right-to-repair lawsuits. The court said an existing confidentiality agreement in the case would protect the companies’ interests against misuse of the information.
Ag Trade Deficit Hits Record High In First Half of 2025
The US agricultural trade deficit hit a record high in the first half of 2025, with the value of agricultural exports trailing that of imports by $4.1 billion in June — a gap 14% wider than a year earlier — pushing the sector’s deficit to a staggering $28.6 billion for the first six months of the year.
Corn Futures Dipped Below $4 on Wednesday
Corn futures fell below $4 a bushel (on Wednesday) to the lowest level in about 11 months as favorable US weather continued to weigh on prices ahead of a key report due next week that could show eye-popping yields. As of Thursday morning, corn is back above $4.
Trade Tensions, Biofuel Uncertainty Hit Agribusiness Profits
Ongoing trade tensions and uncertainty about U.S. biofuel policy contributed to second quarter profits hitting multi-year lows for a number of crop trading companies — including Archer-Daniels-Midland and Bunge Global SA — while ag equipment manufacturers warned those trade tensions will begin increasing equipment prices in the second half of the year.
New-Crop US Soybean Export Sales at 20-Year Low
As of July 24, US soybean exporters had sold just over 3 million metric tons of soybeans for export in 2025/26, which begins September 1. That volume is a 20-year low for the date and is down 12% from last year.
Proposed Railroad Merger Could Decrease Service for Ag Shippers
Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S. coast-to-coast freight rail operator and reshape the movement of goods from grains to autos across the country.
US July Cattle Herd Smallest Since 1973
There were about 94.2 million cattle and calves in the US as of July 1, the lowest mid-year count on record in data going back to 1973, the Department of Agriculture said in a report.
Ag Land Values Mostly Stable Through First Half of 2025
Agricultural land values have remained remarkably stable through mid-2025, according to a news release from Farmers National Company. The resilience is mainly driven by the basic economic principle of supply and demand; there are simply more motivated buyers than willing sellers.
Beef Prices Soar to Record Highs in June
Ground beef prices across the U.S. continue to reach new highs, driven by shrinking cattle herds, with looming import restrictions threatening to push costs even higher. The average price of a pound of 100% ground beef rose to $6.12 last month, up from $5.98 in May.
Farm Bankruptcies Rising in 2025
Family farm bankruptcies increased by 55% last year compared to 2023 and are trending even higher this year as farmers continue to grapple with depressed agricultural commodity prices and high input costs.
Bunge Completes $8 Billion Merger with Grain Trader Viterra
Bunge Global SA completed its takeover of Glencore Plc-backed Viterra, a move that will help the combined businesses better compete with larger rivals like Cargill Inc. and Archer-Daniels-Midland Co. as the crop-trading sector faces a downturn in profits.
Global Urea Prices Surge on Middle East Conflict
Global prices of key fertilizer ingredient urea have surged alongside escalating violence in the Middle East, which threatens to choke supplies of the crop nutrient from a significant producing and exporting region.
Ag Trade Deficit Reaches Record High $20 Billion Through April
From January through April, the United States imported $78.2 billion in agricultural products while exporting just $58.5 billion. This $19.7 billion deficit is the largest ever recorded for the first four months of a year and signals that the 2025 deficit could surpass previous records.