Uncertainty Clouds U.S. Agricultural Trade Outlook for 2026

Trade volatility and shifting export destinations increase marketing risk for producers heading into 2026.

trade_adobe stock.png

Adobe Stock

LUBBOCK, Texas (RFD NEWS) — Uncertainty is shaping the outlook for U.S. agricultural trade in 2026 as tariffs and shifting trade relationships continue to disrupt long-established export patterns. Luis Ribera, director of the Center for North American Studies, says trade policy volatility has become a defining feature of the farm economy heading into the new year.

USDA projects U.S. agricultural exports to fall to $173 billion in 2026, the lowest level since 2021. That decline reflects both lower volumes and weaker values, driven primarily by reduced soybean and sorghum shipments to China. Ribera notes China has increasingly sourced those commodities from Brazil and Argentina as tariffs have altered relative prices and trade flows.

While U.S. exports to markets such as the European Union, Mexico, Indonesia, and Vietnam have grown, those gains have not fully offset losses tied to China. As a result, overall export momentum remains fragile.

On the import side, U.S. agricultural imports are expected to peak at approximately $219 billion in 2025, then ease in 2026. Lower volumes of horticultural products and vegetable oils are projected, though higher prices for coffee and cocoa continue to lift import values. Ribera says recently announced tariff exemptions on select agricultural goods could help temper consumer food costs, but uncertainty remains elevated.

Farm-Level Takeaway: Trade volatility and shifting export destinations increase marketing risk for producers heading into 2026.
Tony St. James, RFD NEWS Markets Specialist
Related Stories
Mike Steenhoek, with the Soy Transportation Commission, shares his outlook on current grain stocks and transportation lines amid bumper crops filling bins across the United States.
American soybean and corn leaders, along with Canada’s AgriFood sector, testified before the U.S. Trade Representative’s Office in support of the trade pact between the U.S., Mexico, and Canada.
The FAO Food Price Index for November fell by more than 1 percent in November, marking the third straight month of declines.
Texas livestock producers face a heightened biosecurity threat as New World screwworm detections in northern Mexico coincide with FDA approval of the first topical treatment.
“The Expanding Access to Risk Protection (EARP) Final Rule streamlines requirements across multiple crops, responds to producer feedback, and strengthens USDA’s commitment to putting America’s farmers first,” said the USDA.
Higher ocean freight raises export costs just as global grain competition intensifies.
Rep. Michelle Fischbach shares her appreciation for rural communities and outlines how the Working Families Tax Cut is aimed to support farm families on RFD-TV’s Champions of Rural America.
Farm CPA Paul Neiffer has developed a detailed calculator to help producers navigate the program’s requirements. He joined us on Thursday’s Market Day Report to explain how it works.
Buying a real Christmas tree directly supports U.S. farmers facing rising import competition, long production cycles, and weather-driven risks.

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

Late harvest and tight supplies shape crop progress and agribusiness this week. Here is a regional snapshot of harvest pace, crop conditions, logistics, and livestock economics across U.S. agriculture for the week of Dec. 1, 2025.
Cargill’s commitment to keep plants open helps preserve competition as Tyson removes capacity amid historically tight cattle supplies.
Fair market value shapes taxes, transitions, lending, and sales, making accurate valuation essential for long-term planning.
SDRP Stage 2 now helps producers recover shallow, uninsured losses from major 2023–2024 disasters, with streamlined sign-ups open through April 30.
Tyson’s capacity cuts weaken local basis, tighten kill space, and heighten dependence on imports, signaling more volatility for producers.
Low farmer shares reflect deep consolidation across the food chain, keeping producer returns thin even as retail food prices remain high.