USDA data shows ag trade balance sheets are in the red with double-digit declines in the billions of dollars expected this year.
For wheat, economists explain that there is a unique situation happening.
“We see wheat exports rounded up to $2 billion, which is down 6% from the same period last year, whereas we’ve got a 6% increase by volume for last year, so we’re actually exporting more wheat, but at a lower price. So we’re seeing a negative value change over the last year,” said USDA economist Bart Kenner.
While the markets work to digest all the recent changes, some traders are following the numbers and they say they are showing a pattern.
Related Stories
Paraguay could gain additional U.S. market access through a temporary tariff-free quota.
More than 100 training providers have been shut down amid a federal crackdown.
Santa Teresa livestock port reopens September 24, restoring another cattle trade route from Mexico while maintaining new safeguards against New World screwworm.
America First Refining plans a $4 billion refinery in Brownsville, Texas, designed specifically for light U.S. shale crude.
If approved, the proposal could reduce farm machinery, technology, and capital costs, potentially encouraging more on-farm investment and making Canada more competitive for expansion.
USDA says Venezuela imported $2.5 billion in agricultural products in 2025.
