President Trump promotes U.S. soybean exports to China

An announcement overnight from President Trump is moving the agricultural commodities.

In a post to Truth Social, he says, “China is worried about its shortage of soybeans. Our great farmers produce the most robust soybeans. I hope China will quickly quadruple its soybean orders. This is also a way of substantially reducing China’s trade deficit with the USA. Rapid service will be provided. Thank you, President XI.”

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Corn and soybean shipments continue to move at a steady pace as spring trade flows develop.
Acreage shifts could impact pricing and marketing plans.
Herd growth and exports supporting dairy outlook.
Strong exports continue to support corn despite larger supplies.
Crush demand is supporting soybeans despite biofuel uncertainty.
Export growth remains key for grain profitability.

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