Low commodity prices are dealing another blow to the ag trade deficit. USDA is now preparing for the third straight year of losses.
The Department expects the ag trade deficit to hit $42.5 billion when the fiscal year starts October 1st, which is a drop of $4 billion from this year, and marks the third straight year of declines since hitting a record low in 2022. Ag imports are expected to increase by around $8 billion.
The economy is tightening its grip on the ag industry. The Chicago Fed says farmland values are slowing in their district, and credit challenges are starting to appear. Fed policy advisers say repayment rates are also starting to slow.
Despite the challenges, they say farm balance sheets have been strong overall, even with less working capital.
Strong corn exports support demand while soybeans lag.
April 22, 2026 08:00 AM
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Strong exports and prices are helping offset rising milk supplies.
April 22, 2026 07:00 AM
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U.S. Rep. Dusty Johnson of South Dakota joined us to discuss rising input costs, fertilizer transparency efforts, and the role of trade in supporting farmer profitability.
April 21, 2026 04:12 PM
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Louisiana State University Professor Shelly Pate Kerns says a late freeze forced widespread replanting of some crops across the state.
April 21, 2026 03:37 PM
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RealAg Radio’s Shaun Haney discusses the DOJ investigation into U.S. beef packers, concerns about cattle pricing, and ongoing trade and animal health issues affecting producers.
April 21, 2026 02:37 PM
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Event focuses on helping communities grow through local business
April 21, 2026 02:18 PM
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