President Trump announced another extension on additional tariffs, giving China another 90 days to figure out a deal.
He signed the executive order last night, noting all other details surrounding China will stay the same. This puts the timeline out to early November. Treasury Secretary Scott Bessent says talks with China have been difficult, and says the country has the most imbalanced economy in the history of the modern world.
The 90-day delay came just hours after President Trump encouraged China to buy more American soybeans, which sent beans to a two-week high.
Related Stories
The trend could reshape cotton demand as manufacturers rely less on U.S. buyers and build sales channels elsewhere.
Industry experts say land values have remained resilient, but fertilizer costs and geopolitical uncertainty continue to challenge producers.
USDA says corn shipments slowed from the previous week, while wheat and soybean inspections topped year-ago levels.
Secretary Brooke Rollins says expanding export markets remains a key priority for strengthening the U.S. farm economy.
