As we look toward the upcoming growing season, soybean trade and pricing are key topics of discussion among ag economists.
With global markets in flux and trade uncertain, especially with China, there is much focus on how U.S. producers will navigate these challenges.
Ag economist Joe Janzen from the University of Illinois provided insight into the soybean market, particularly exports and pricing.
“USDA has a pretty level-headed view of global ag commodity trade. And they’re not sort of, I think not overreacting to sort of the worst-case scenario of, you know, a hundred percent-plus tariffs, which would essentially, you know, shut down trade between the United States and China for many products.”
Janzen also notes a slight rise in the forecast for average farm prices, reflecting tighter supply conditions due to lower planted acreage. He says that while prices are expected to rise, there is still significant uncertainty because of global production factors, including crops from South America.
Farmers should watch for soybean export rebounds with harvest, while corn and wheat shipments remain strong and sorghum demand struggles.
September 23, 2025 11:54 AM
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Rollins says the new trade relationship with Taiwan, which is committed to buying a significant amount of U.S. soy, could not come at a better time for farmers facing financial strain.
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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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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. trade talks with China resume, but meat industry leaders say dealing with shifting demand and market uncertainty is nothing new in this side of the ag sector.
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Year-round sales of E-15 are another major topic on Capitol Hill, which, according to Rep. Adrian Smith (R-NE), is one issue up for debate this session with significant bipartisan support.
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