Exports
The December trade mission will connect American agriculture with buyers in Singapore, Malaysia and Thailand.
Corn inspections reached 1.1 million metric tons as Mississippi River shipments remained well above recent averages.
Operating costs reached a record $2.34 per mile in 2025 as carriers faced higher expenses and thin profit margins.
Additional 50 percent U.S. tariffs on Canadian goods are now in effect as Canada vows retaliation and ag groups urge trade negotiations to continue.
Changes in rail rates and expanded crush capacity could reshape soybean basis and marketing opportunities across producing regions.
Farmers should monitor the Union Pacific-Norfolk Southern merger and conditions along the Mississippi River and Panama Canal as they plan for harvest.
Mexico is taking steps to limit Chinese transshipments through the country.
Ethanol production remains historically strong, but rising inventories and weaker gasoline demand could limit additional growth.
Additional tariffs against Canada have been paused as negotiations continue.
Agricultural export prices rose in July even as broader U.S. export prices declined.