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.
The goal is to start conversations and connect farmers with help when they need it.
Seasonal pricing strength is lining up with crop stress, giving wheat producers another weather-driven marketing window. Shaun Haney joins us to discuss concerns from ag bankers on farm profitability.
March brought better prices for several commodities, but rising fuel and feed costs kept margins under pressure.
Corn and cotton gave the strongest signals this week, while soybean demand remained softer than in the previous report.
Ethanol demand held together last week, but lower production and thinner stocks put more focus on export strength. Production capacity is also strengthening over time and benefiting soybean farmers.
April 30, 2026 01:38 PM
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The farm bill is still moving, but the toughest amendment fights were pushed into today’s session. ASA President Scott Metzger joins us to discuss the risks of tariff actions on soybean exports, concerns over trade policy and production costs, and the importance of Farm Bill updates.
April 30, 2026 10:22 AM
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