Economists are keeping a close eye on the soy market in the coming days. They say all of the back and forth with China has put demand on shaky ground.
“They’re doing all they can to go elsewhere. And we’ve got a rapid expansion going on in the world of soybean crushing, in skiing terms, we might be getting out over our skis, in terms of how much soybean oil we hope to produce relative to the mandates and tax credits that are boosting soy oil demand for renewable diesel,” said Ed Usset with University of Minnesota.
Usset wars it could be a tough couple of years for the soyb complex as they work out rebuilding demand.
Some traders are trying to look on the bright side. Frequent Market Day Report guest Brian Hoops says it all needs to be taken in context.
“Corn really isn’t, probably won’t be, affected by these tariffs all that much because only 15% of our crop is exported, and a lot of that goes to Mexico and will most likely reach an agreement with them. It’s soybeans, which we saw on Friday’s sharp losses, that could be impacted by these tariffs because over 40% of our soybean crop is exported, so subject to tariffs in one form or another.”
Hoops says h is hopeful other countries come to agreements with the U.S. in the coming weeks.
Grain shippers face lower freight values thanks to weak soybean exports and strong rail service, but barge traffic and forward Gulf loadings suggest continued uncertainty as harvest ramps up.
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The Fertilizer Research Act, reintroduced by Sens. Grassley, Ernst, and Baldwin, would direct the USDA to study and publish public reports on competition and pricing trends in the fertilizer market.
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Allowing year-round sales of E15 nationally could deliver billions in economic gains, according to a new study from the Renewable Fuels Association and National Corn Growers Association.
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Farmers await concrete trade commitments from China. Until then, export prospects for soybeans, corn, and sorghum remain uncertain against strong South American competition.
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U.S. Secretary of Agriculture Brooke L. Rollins today issued a new memorandum to modernize and strengthen America’s wildfire prevention and response system.
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National Sorghum Producers CEO Tim Lust said farmers face a challenging year with strong supply, murky trade conditions, and uncertain access to their largest market: China.
September 15, 2025 01:59 PM
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