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.
“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
October 30, 2025 02:20 PM
·
U.S. Senator Roger Marshall (R-KS) shares his perspective on the U.S.-China trade developments and their potential impact on American producers, farmers, and ranchers.
October 30, 2025 12:56 PM
·
Rich Nelson, a commodity broker for Allendale Inc., joins us to break down what the U.S.-China trade agreement means for the ag economy.
October 30, 2025 12:04 PM
·
The U.S.-China summit raises hopes for stronger exports and reduced barriers, but U.S. ag players should remain strategically cautious until concrete volumes and certifications materialize.
October 30, 2025 10:37 AM
·
Expect incremental near-term lift for feed grains, proteins, and ethanol as tariff cuts and smoother approvals translate into real orders.
October 29, 2025 03:04 PM
·
If confirmed, early Chinese buys tighten nearby Gulf/PNW capacity and could bump basis in export-oriented regions.
October 29, 2025 10:15 AM
·
Trade pacts with Malaysia and Cambodia unlock tariff-free and preferential lanes for key U.S. farm goods, expanding long-term demand in Southeast Asia.
October 28, 2025 02:08 PM
·
Shaun Haney, Host of RealAg Radio, discusses President Trump’s move to halt trade talks with Canada and Mexico over a commercial about tariffs launched by the Government of Ontario.
October 28, 2025 12:04 PM
·
The President’s trip to Asia this week follows a trade mission by the Iowa Soybean Association. Farmers say they were reminded that U.S. soybeans have an international reputation that can be easy to take for granted here at home.
October 28, 2025 11:28 AM
·
