American farmers this year planted more corn acres than they have since the 1930s. The September WASDE report from the U.S. Department of Agriculture (USDA) estimates now show even more of that crop heading to the bins than previously thought.
While soybean production is also expected to increase slightly from previous estimates, it is down 2 percent from last year’s totals. The American Soybean Association (ASA) has been closely monitoring the numbers, particularly since China is no longer at the buying table.
ASA President Caleb Ragland joins us on Friday’s Market Day Report for his reaction to September’s WASDE. In his interview with RFD-TV’s own Suzanne Alexander, Ragland discusses his recent warning that the soybean sector is in a “dire” situation due to trade uncertainty with China, and how this growing crisis might have a ripple effect on the markets. He also discussed the Trump Administration’s recent trade deal with Japan, one of the top 10 international markets for soy, and whether the agreement is enough to offset the loss of China as a buyer.
Ragland also addressed the recent House vote to reauthorize the US Grain Standards Act, its impact on soy, and provided an update on harvest progress in Kentucky, where he lives.
Rising cow numbers and higher yields are boosting milk supplies, which may keep pressure on prices and farm margins into the fall.
September 25, 2025 01:01 PM
·
U.S. soybean farmers are growing increasingly frustrated by Argentina’s gains in Chinese grain contracts and Trump’s pledge of economic support for the South American ally.
September 25, 2025 11:51 AM
·
The USDA is moving to close the farm trade gap through promotion, missions, and stronger export financing.
September 25, 2025 10:46 AM
·
Farm legal and taxation expert Roger McEowen explains the IRS’s shift to electronic payments and disbursements, and what it means for upcoming tax filings.
September 24, 2025 05:09 PM
·
Midwest corn and soy producers are monitoring for disease and lower yields due to the ongoing drought over the last 30 days.
September 24, 2025 04:38 PM
·
Industry-wide participation in SHIP enhances biosecurity and fosters global trust in U.S. pork, says swine health expert, Dr. Christine Mainquist-Whigham.
September 24, 2025 03:32 PM
·
A new study by the National Grains and Feeds Association found that their industry generates $401.7 billion in economic output and supports over 1.16 million jobs nationwide.
September 24, 2025 02:41 PM
·
National Education Center for Ag Safety Director Dan Neenan joins us to discuss grain bin safety and the steps producers can take to prevent tragedies.
September 24, 2025 02:19 PM
·
Argentina hopes to boost demand, but critics see the move as a blow to American farmers.
September 24, 2025 11:35 AM
·