China to Slash Tariffs on US Ag Products, Excluding Soybeans

The U.S. and China extended the Busan Agreement, the trade truce between the two countries, to Jan. 10 while identifying more than 1,600 products, including agricultural commodities, for potential tariff reductions. But soybeans for food and crushing were excluded from the list, and negotiators did not announce new agricultural trade commitments or a timeline for implementing the potential tariff reductions.

China Hasn’t Met Pledge to Increase US Ag Purchases, Except for Soybeans

China is over halfway to meeting its pledge to buy 25 million tons of US soybeans this year, but progress on a separate commitment to spend at least $17 billion more on American crops has largely stalled. In the first seven months of 2026, China bought only $3.9 billion of U.S. agricultural products, excluding soybeans, according to the most recent Agriculture Department data, only slightly more than during the same period last year.

China Ramping Up US Soybean Purchases

US soybean buys by China have picked up following a summit between Trump and President Xi Jinping in May, putting this year’s purchases roughly a quarter of the way toward meeting what the White House has said is a commitment to purchase at least 25 million tons of soybeans annually through 2028.

Monsanto Withdraws Glyphosate Duties Petition

E&E News’ Grace Yarrow reported that, “Bayer is withdrawing its request that the Trump administration impose countervailing duties on glyphosate imports from China after backlash from the agriculture industry.” “The parent company of pesticide giant Monsanto filed a petition last month with the Commerce Department’s International Trade Administration and the U.S. International Trade Commission, arguing […]

American Farmers May See Deeper Losses in 2027

Northern AG Network reported that, “several years of high inflation and low commodity prices, coupled with volatile production costs, are continuing to squeeze farmers financially. These forces are projected to hit farmers with $32 billion in losses for the major row crops in 2027 after a projected loss of $31 billion in 2026. Fruit, vegetable, […]

Product of USA Label Gains Momentum with Meat and Poultry Companies

Quality Assurance & Food Safety Magazine’s Jacqueline Mitchell reported that, “ten meat and poultry companies have recently adopted the U.S. Department of Agriculture’s (USDA) voluntary Product of USA label, identifying meat, poultry and egg products from animals that are born, raised, harvested and processed in the United States. USDA launched a nationwide awareness campaign about […]

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