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
RFD Farm Legal & Tax expert Roger McEowen shares guidance on the 45Z Clean Fuel Production Credit, its impact on renewable energy and agriculture, and what producers should know moving forward.
February 23, 2026 02:36 PM
·
Border closures tied to the threat of New World Screwworm continue to stall Mexican fed cattle imports, tightening U.S. feeder cattle supplies over time — triggering feedlot closures that hinder herd rebuilding efforts, threaten the beef supply chain, and shrink production while consumer prices stay elevated.
February 23, 2026 01:40 PM
·
Brooks York of AgriSompo discusses projected prices and how farmers are adapting their crop insurance strategies as the price discovery period comes to a close.
February 23, 2026 12:32 PM
·
For the broader agricultural industry, a railroad antitrust case in Kansas could lead to the dismantling of legacy regulatory shields, creating a more fluid, market-driven transportation grid that prioritizes moving crops efficiently over protecting historic rail monopolies.
February 23, 2026 11:35 AM
·
Agriculture avoided major disruptions, but trade uncertainty remains elevated.
February 23, 2026 10:09 AM
·
Domestic beef demand remains solid, with the strongest growth occurring through retail channels, according to consumers surveyed in the latest K-State Meat Demand Monitor.
February 22, 2026 09:00 AM
·