WASHINGTON, D.C. (RFD-TV) — Following last week’s trade agreement between the United States and China, where China pledged to buy American soybeans over the next three years, more countries are following suit.
According to a Tuesday morning tweet from Ag Secretary Brooke Rollins, the top three soy-crushing companies in Bangladesh have agreed to purchase another $1 billion worth of U.S. soybeans over the next year.
According to Rollins, this new deal accounts for three times the amount of soybeans Bangladesh purchased from the U.S. previously in 2024.
“AMERICA MEANS BUSINESS! Following up on President Trump’s historic trade deal with China, other countries are lining up to buy American soybeans! Today, Bangladesh’s top three soy crushing companies agreed to purchase $1 billion of U.S. soybeans over the next year. That’s 3 times more U.S. soybeans than Bangladesh purchased in 2024! Thank you @POTUS for leading the way and promoting U.S. agriculture globally! We will continue to aggressively open up markets for U.S farmers across the globe.”
U.S. Secretary of Agriculture Brooke Rollins on X
Stronger overseas demand for both fuel ethanol and feed co-products continues to reinforce corn use beyond the domestic market.
Based on USDA data compiled by the U.S. Meat Export Federation, pork exports increased by six percent in March compared to the previous year, while beef exports weakened overall.
RealAg Radio’s Shaun Haney joins us to discuss geopolitical trade tensions, energy market volatility, and what global shifts could mean for U.S. agriculture exports.
New trade access, tariff concerns and international negotiations are reshaping the global beef market.
Ohio farmer Chris Gibbs joins us to discuss planting progress, weather conditions, and how geopolitical tensions are clouding his growing season outlook as input concerns continue to escalate.
This case could influence how much leverage grain shippers have when a preferred rail outlet is blocked or priced too high.