MADRID, SPAIN (RFD-TV) — U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative officials are meeting this week with Chinese Vice Premier He Lifeng in Madrid — with tariffs, export controls, and TikTok on the agenda.
China has sharply reduced purchases of American crops, and reports from the U.S. Department of Agriculture (USDA) show no new soybean bookings from China for 2025/26. This follows Beijing’s recent approval of Brazilian sorghum imports and suspension of U.S. shipments, citing quality issues.
The Treasury signaled over the weekend that the current tariff truce will hold until at least November 10, which could give farmers a brief window of stability. However, China has pulled back on U.S. crops, turning to Brazil and Argentina instead for soybeans and sorghum.
For U.S. agriculture, the stakes are high. Farm groups are pressing negotiators to secure firm commitments for Chinese buying, warning that without access to this top market, U.S. producers face lower prices and growing competition.
Transportation access, legal disputes, and fertilizer freight costs will directly influence input pricing and grain movement in 2026.
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Despite China’s sharp drop in grain purchases this year, new USDA export data this week shows that even some buying activity from the trade giant still moves the markets.
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Corn and wheat exports remain supportive, but weaker soybean demand — especially from China — continues to pressure oilseed markets.
December 16, 2025 12:08 PM
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China’s pullback is hitting core U.S. commodities hard, reshaping export expectations for soybeans, cotton, grains, and livestock.
December 16, 2025 07:00 AM
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Slower grain movement may pressure basis, but falling diesel prices could help offset transportation costs.
December 16, 2025 06:00 AM
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Fertilizer markets face uncertainty after President Trump raised the possibility of tariffs on Canadian imports, with analysts warning of supply and pricing risks. Josh Linville with StoneX provides a fertilizer industry outlook.
December 15, 2025 01:35 PM
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A new study found that retaining the EPA’s half-RIN credit protects soybean demand, farm income, and crushing-sector strength while preserving biofuel market flexibility.
December 15, 2025 12:15 PM
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The U.S. has a bountiful corn supply, but markets are waiting for the January WASDE Report, which will include updated yield estimates.
December 15, 2025 11:34 AM
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“I’m not sure where this bridge goes,” trader Brady Huck with Advanced Trading told RFD-TV News earlier this week.
December 12, 2025 03:32 PM
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