Asia
RealAg Radio host Shaun Haney discusses what the exemptions could mean for U.S. agriculture and global trade.
Weekly USDA export inspections showed stronger wheat shipments, steady corn demand and continued buying interest from China and Mexico.
USDA says strong export demand and large grain supplies are increasing pressure on the nation’s transportation system.
USDA’s Foreign Agricultural Service says U.S. agricultural exports to Vietnam reached $4.7 billion in 2025, making the United States the country’s second-largest agricultural supplier.
Mexico remained the central buyer in the latest USDA export sales report, while China provided support for soybeans, sorghum, cotton, pork, and cattle hides.
Attention now shifts toward the annual 25 million metric ton benchmark, equal to about 919 million bushels, for 2026 through 2028.
Cattle futures eased as traders weighed inflation and consumer demand, while robust auction activity under tight herd supplies and new export opportunities continued to support the beef outlook.
Markets await USDA’s July WASDE report as analysts monitor global corn production, China’s soybean demand, weather, and shifting trade dynamics.
China was the top focus in the latest USDA export inspections report, taking about 9.9 million bushels of inspected U.S. soybeans for the week ending July 2.
Traders are waiting for China to follow through on billions of dollars in announced agricultural purchases.