LUBBOCK, TEXAS (RFD NEWS) — China’s new pledge to buy more U.S. agricultural products could support farm exports, but follow-through may be difficult. Retired USDA economist Dr. Fred Gale says the White House commitment calls for China to buy $17 billion per year in non-soybean U.S. farm products, in addition to earlier soybean purchase commitments.
Those earlier commitments call for China to buy 25 million metric tons of U.S. soybeans annually from 2026 through 2028, or roughly 919 million bushels per year.
Gale says the challenge is that China’s non-soybean ag purchases from the United States have fallen sharply since the Phase One years. Lower commodity prices, weak Chinese demand, and stronger competition from Brazil could limit the value of future purchases.
Beef access has improved after China renewed approvals for hundreds of U.S. facilities, but U.S. supplies remain tight, and China’s beef imports are dominated by Brazil.
The key questions are how China defines agriculture, how purchases are counted, and whether sales are converted into actual shipments.
Farm-Level Takeaway: China’s pledge is supportive, but producers need confirmed sales and shipments before counting it as stronger export demand.
Tony St. James, RFD News Markets Specialist
Rail rulings, export terminal access, and equipment rules are becoming bigger factors in grain shipping costs and reliability.
April 29, 2026 09:00 AM
·
Higher ocean freight rates can add export cost pressure even when grain demand remains active.
April 29, 2026 08:00 AM
·
March pork gains lifted total meat production, but first-quarter output still ran below last year.
April 29, 2026 07:00 AM
·
Weekly export movement stayed solid, with corn and sorghum continuing to show the strongest overall pace.
April 29, 2026 06:00 AM
·
Lewis Williamson with HTS Commodities joins us to break down the latest USDA crop progress report, share insights from growers, and discuss how global factors are shaping planting decisions this season.
April 28, 2026 04:25 PM
·
House lawmakers push toward a Farm Bill vote as debate grows over E15, Prop 12, and input costs, with farmers seeking certainty and policy updates.
April 28, 2026 02:42 PM
·