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.
Lower U.S. ethanol production and stocks may support ethanol prices while strong export demand continues to support ethanol and corn markets.
April 06, 2026 12:28 PM
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The White House’s plan calls for a nearly 20 percent reduction in the USDA’s budget, which would impact various food and agriculture aid programs.
April 06, 2026 12:08 PM
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JBS representatives told Reuters that the original deal has not changed and that they welcome employees back to the facility.
April 06, 2026 11:08 AM
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China’s changing pork demand may limit export growth opportunities.
April 06, 2026 10:59 AM
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Spring Fieldwork Progress Mixed As Moisture Slows Activity
April 06, 2026 10:28 AM
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Charly Cummings with Superior Livestock Auctions provides a real-time look at cattle market activity, demand trends, and what lies ahead for upcoming livestock auctions in Texas.
April 02, 2026 04:43 PM
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