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
Weak soybean sales and soft wheat demand contrast with solid corn export strength.
AFBF Economist Dr. Faith Parum break down new survey findings on fertilizer affordability and producer sentiment heading into the 2026 growing season.
David Fisher with the American Lamb Board joined us to discuss a new sustainability program designed to boost producer profitability while supporting stewardship practices.
Trade disputes can quickly reduce demand for key crops.
Seafood producers gain expanded access to USDA support programs.
