Soy leaders are keeping a close watch on tariff action out of the White House. China is a major buyer of U.S. soybeans, and economists warn the situation could quickly heat up.
“They dominate the global oil seed market and they import more than the rest of the world combined. And in 2018, when those Section 301 retaliatory tariffs went into place, we saw prices drop overnight by $2.00 a bushel and our market share evaporate. You know, USDA’s Economic Research Service put out a study assessing the economic damages done to us as a result of the trade. It showed $27 billion in losses for U.S. ag, and of that amount, our soybeans accounted for 71%,” said Virginia Houston.
President Trump has given both Canada and Mexico a February 1st start date for tariffs. Some ag leaders have warned the plan could backfire, while others support the move as an effort to boost U.S. trade.
The analysis models how trade disruptions in the Strait of Hormuz may continue to drive up the cost of fertilizer.
April 15, 2026 01:10 PM
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Texas Agriculture Commissioner Sid Miller joins us with an update on the most recent case of New World screwworm 90 miles from the U.S. Southern border.
April 15, 2026 11:40 AM
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Study looks at how triazine chemistry impacts effectiveness against resistant weeds
April 15, 2026 10:20 AM
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With fewer young people entering agriculture and farmers nearing retirement, industry leaders warn of challenges ahead while working to keep farming profitable and sustainable.
April 15, 2026 08:00 AM
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A late-season freeze in northeast Louisiana has forced farmers to replant thousands of corn acres, adding costs, straining seed supplies, and raising concerns about shifting to soybeans.
April 14, 2026 03:50 PM
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March 15 of each year is the application deadline for the Pima Cotton Trust, and March 1 of each year is the application deadline for the Wool Trust. The law mandates trust payments by April 15. More information about these programs is available at www.fas.usda.gov/programs.
April 14, 2026 03:45 PM
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