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.
Tyson expects another year of beef-segment losses due to tight cattle supplies, even as chicken, pork, and prepared foods strengthen overall margins.
November 11, 2025 01:26 PM
·
Export strength is concentrated in corn and wheat, while soybeans and sorghum lag, keeping basis and logistics dynamics highly commodity-specific into late fall.
November 11, 2025 11:21 AM
·
Lewie Pugh, with the Owner-Operator Independent Drivers Association, joined us on Monday’s Market Day Report to share his perspective on what the bill could mean for truckers.
November 10, 2025 11:46 AM
·
Ohio AgNet’s Dusty Sonnenberg takes us up in the cab with a popcorn farmer bringing in this year’s haul.
November 10, 2025 11:07 AM
·
Stagger buys and diversifies fertilizer sources — watch CBAM, India’s tenders, and Brazil’s import pace to time urea, phosphate, and potash purchases.
November 07, 2025 11:16 AM
·
Pork producers should prioritize health and productivity gains, hedge feed and hogs selectively, and watch Brazil’s export pace and China’s sow policy for price signals.
November 06, 2025 03:03 PM
·
Farm CPA Paul Neiffer shares insight into what these new accounts, established in provisions of the Big, Beautiful Bill, could mean for the farm families.
November 06, 2025 02:34 PM
·
While the U.S.-China framework for soybean trade is in place, Ohio farmer Chris Gibbs tells us he will believe it when he sees it.
November 06, 2025 11:38 AM
·
Global nitrogen and phosphate prices remain high despite improved supply fundamentals, with limited Chinese exports and stronger fall applications tightening availability.
November 06, 2025 11:16 AM
·
