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.
Rex Gray, Corn Product Manager for Golden Harvest, discusses how the company works side-by-side with farmers to develop strong-performing hybrids built to fit their acres.
October 10, 2025 01:23 PM
Expect a steady corn grind and selective basis strength where exports and local blending stay active.
October 09, 2025 05:10 PM
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ock NH3 early, track China’s Oct. 15 call and any U.S. Russia-UAN action, stay nimble on urea, and budget cautiously for high-priced phosphate.
October 09, 2025 05:06 PM
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Expect business-as-usual for most container exports.
October 09, 2025 05:04 PM
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CoBank Lead Grains Economist Tanner Ehmke joins us to share insight and concerns over current grain storage capacity as export demand lags.
October 09, 2025 01:36 PM
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As the government shutdown pushes the farm economy closer to the brink, Sens. Grassley and Ernst of Iowa are raising their voices for agriculture.
October 09, 2025 11:50 AM
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October 09, 2025 11:36 AM
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Jed Bower, the incoming president of the National Corn Growers Association, joined us for his sector’s perspective on the ongoing government shutdown.
October 08, 2025 11:41 AM
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Treasury Secretary Scott Bessent last week said an announcement would be made on Tuesday. However, that self-imposed deadline has now passed.
October 08, 2025 11:19 AM
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