With the U.S. and China agreeing to a temporary pause on new tariffs, ag groups are monitoring the situation closely.
China remains a key market for U.S. products, like soybeans and pork, but China has recently shifted to buying from Brazil. Analysts note that while the 90-day pause may provide short-term stability, long-term market access remains uncertain.
Stakeholders are also watching for any purchase commitments as trade discussions continue.
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The ag trade deficit is narrowing, but export competition remains strong.
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Mike Steenhoek with the Soy Transportation Coalition discusses supply chain disruptions, rising costs, and the potential impact on agriculture as farmers navigate ongoing global uncertainty.
Strong exports support cattle and hog market fundamentals.
