While soybean export numbers might not look impressive at first glance, a commodity broker says the outlook is better than it appears.
Sales are tracking above the five-year average, which is an encouraging sign after several years of struggles in the soybean market. Greg McBride, Director of Brokerage for Allendale, notes that, even with ongoing trade tensions and tariff concerns, U.S. soybeans are still moving steadily.
“It still does leave us saying that we’re probably somewhere near where the final number is gonna be, but overall it’s not a major concern. As we talk about tariffs a lot lately, it also is telling us that we’re not getting some of these countries coming in and making major cancellations, and when it comes to the tariffs, especially on the soybean side, I think that’s where the biggest concern is when or if China would come in and retaliate with the cancellations on from their side.”
With sales near the expected targets, McBride believes there is no immediate need for USDA to make major adjustments to export forecasts.
China’s buying decisions continue to be a critical factor in shaping cotton prices and export opportunities worldwide.
September 26, 2025 11:55 AM
·
Secretary Rollins’ plan targets high costs, labor challenges, and export growth, delivering relief at home while building markets abroad.
September 26, 2025 10:18 AM
·
Transportation challenges are mounting as droughts lower Mississippi River levels and push freight rates higher.
September 25, 2025 04:54 PM
·
Michigan corn farmer and NCGA Vice President-Elect Matt Frostic will lead the task force. He joined us on Thursday to share his insights on the escalating corn crisis.
September 25, 2025 01:46 PM
·
Speaking about his administration’s tariff strategy, Trump acknowledged that producers could face financial strain in the short term but promised stopgap support.
September 25, 2025 01:07 PM
·
U.S. soybean farmers are growing increasingly frustrated by Argentina’s gains in Chinese grain contracts and Trump’s pledge of economic support for the South American ally.
September 25, 2025 11:51 AM
·
The USDA is moving to close the farm trade gap through promotion, missions, and stronger export financing.
September 25, 2025 10:46 AM
·
Midwest corn and soy producers are monitoring for disease and lower yields due to the ongoing drought over the last 30 days.
September 24, 2025 04:38 PM
·
Industry-wide participation in SHIP enhances biosecurity and fosters global trust in U.S. pork, says swine health expert, Dr. Christine Mainquist-Whigham.
September 24, 2025 03:32 PM
·
