USDA Projects $37 Billion Ag Trade Deficit in FY26
The USDA is projecting that the ag trade deficit will shrink in FY2026 even more than previously anticipated. USDA expects the trade deficit to fall from $43.7 billion in FY2025…
China Halfway to Promised 12 MMT of US Soybean Purchases
China has secured at least 7 million tons of US soybeans after heavy buying in the past two weeks, passing the halfway mark toward meeting its 12-million ton purchase agreement…
China Soybean Buying Deadline Now February, Bessent Says
China is on pace to meet its pledge to buy 12 million tons of US soybeans by the end of February, US Treasury Secretary Scott Bessent said on Wednesday, appearing…
Farmer Aid Announcement Coming Next Week, Rollins Says
Agriculture Secretary Brooke Rollins said on Tuesday that the Trump administration will announce a 'bridge payment' for farmers next week that is designed to provide short-term relief while longer trade…
Experts Split on Whether China will Meet Soybean Purchase Pledge
China is expected to step up US soybean purchases to meet a pledge to buy at least 12 million tons by the end of the year, according to multiple traders,…
Deere’s 2026 Outlook Suggests No Farm Economy Uptick
Deere & Co.’s weak forecast for the year ahead reinforces the difficulty in predicting a recovery in the US farm economy as uncertainty continues to swirl over the impact of…
US Soybeans Set for First Shipment to China Since May
Two cargo vessels were headed for grain port terminals near New Orleans on Monday to load with the first U.S. soybean shipments to China since May, according to a shipping…
Trump Removes Tariffs on Brazil Beef & Coffee
President Donald Trump on Thursday removed his 40% tariffs on Brazilian food products, including beef, coffee, cocoa and fruits that were imposed in July to punish Brazil over the prosecution…
Farmer Tariff Aid Shrinking After Trade Deals?
The Deputy Secretary of Agriculture says trade deal negotiations during the government shutdown could impact the possibility of farmer assistance this year. During a call with reporters on Monday, Stephen…
China Buys Nearly 1 Million Tons of US Soybeans
China bought at least 14 cargoes of U.S. soybeans on Monday, two traders with knowledge of the deals said, its largest purchase since at least January and the most significant…
USDA Data Dump Shows Minimal Soybean Sales to China
New data the Agriculture Department released Friday created serious doubts about whether China will really buy millions of bushels of American soybeans like the Trump administration touted last month after…
USDA Set for First Crop Data Release Since September
On Friday, the U.S. Department of Agriculture is set to release a hotly anticipated crop report, including the government's first estimates of the two feed crops since mid-September, before the…
China Buys More Brazil Soybeans as US Purchases Stall
China’s purchases of American soybeans appear to have stalled, less than two weeks after the US touted a wide-ranging trade truce that signaled thawing relations between the world’s two biggest…
China Buys US Wheat & Sorghum, Ends Some Soybean Import Suspensions
China has begun modest purchases of U.S. farm products after the leaders of both countries met last week, but traders still await significant soybean buys after the White House said…
Supreme Court Appears Skeptical of Trump Tariffs
President Trump's global tariffs appeared to be on shaky ground after Supreme Court justices expressed skepticism during a hearing on Wednesday about his authority to impose sweeping measures on countries…
China Buys Brazil Soy as US Crop Still Faces 13% Tariff
China will suspend retaliatory tariffs on U.S. imports, including duties on farm goods, after last week's meeting of the two countries' leaders, Beijing confirmed on Wednesday, but imports of U.S…
USDA Will Release Nov. WASDE, Crop Production Reports
The U.S. Department of Agriculture's National Agricultural Statistics Service (NASS) said on Friday that it will release several key agriculture reports in November, including a monthly crop supply and demand…
China to Buy 12 Million Tons of US Soybeans This Year, Bessent Says
Treasury Secretary Scott Bessent said China has agreed to buy 12 million metric tons of soybeans this year. For the next three years, the Asian nation has agreed to buy…
China Purchases First US Soybeans of the Season
China's state-owned COFCO bought three U.S. soybean cargoes, two trade sources said, the country's first purchases from this year's U.S. harvest, shortly before a summit of leaders Donald Trump and…
China to Make ‘Substantial’ US Soybean Purchases, Bessent Says
China will make 'substantial' purchases of US soybeans, Treasury Secretary Scott Bessent said Sunday after talks with Chinese counterparts, in a sign that the relations are thawing ahead of a…