Sorghum
The White House says China will buy 12 MMT of U.S. soybeans in late 2025 and 25 MMT annually through 2028, plus resume U.S. sorghum and hardwood log imports, clearing confusion over comments from Secretary Bessent.
The Ag Economists’ Monthly Monitor is a new survey of nearly 50 economists. Most ag economists agree the next 12 months could produce more financial pressure for agriculture, but their views vary depending on commodity.
USDA announced a new tariff aid plan that offers a single payment rate for all commodities.
Trade tensions between the U.S. and China ratcheted higher after the Asian nation said it will follow through on plans to levy tariffs on a range of American farm goods including soybeans and corn.