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
Fertilizer still consumes an unusually large share of crop value.
The global rice surplus outweighs tighter U.S. supplies, pressuring prices.
Lawmakers request information from CEO Scott Stump over sponsorship concerns and potential implications for the organization’s nonprofit status.
Large carry-in stocks across major crops could limit price recovery in 2026/27 unless demand strengthens or weather-related supply reductions occur.
Rising Chinese feed output — especially for swine — signals sustained demand for protein meals and feed inputs, even when meat production growth appears modest.
Nitrogen and phosphate markets are tightening ahead of spring, keeping fertilizer costs elevated while crop prices lag.
