The Department of Agriculture’s trade relief package is drawing criticisms that it favors soybean production over corn. Soybeans, no doubt a hotter commodity for China, which is targeting U.S. ag as part of the trade war with the U.S., have a much larger payout than corn. The payments are based on 2018 production levels that must be certified and provided …
Russia Selling 2.5 Million Acres to China for Soybean Production
Soybeans were one of the first major casualties in the ever-escalating trade war between the U.S. and China. Russia is hoping to take advantage of the situation and cut deals with Chinese agribusinesses to make up for lost supply. The Washington Post says the Kremlin will offer roughly 2.5 million acres of arable land to foreign investors. Analysts are describing …
USDA Payments Expected After Labor Day
The Department of Agriculture (USDA) expects to send payments to farmers after the Labor Day holiday as part of a trade relief package. The $12 billion package is intended for farmers who have been affected by foreign tariffs on U.S. farm products, all in retaliation to President Trump’s trade agenda. A USDA spokesperson confirmed to the Hagstrom Report the department …
Brazil to Plant Record Soy Crop for 2018/19
Farmers from Brazil are expected to plant another record soybean crop. This would be the 12th consecutive year that Brazil plants a record land area of soybeans, amid strong demand from Asia. Reuters reports that Brazil is likely to expand the area to a record 36.28 million hectares, the equivalent to 89.65 million acres, this season, which farmers will start …
Agri View: Tension Affecting Farm Exports
Everett Griner talks about how the tension of the trade war, and the tariff issue, has affected our soybean exports in today’s Agri View. Tension Affecting Farm Exports Soybeans are one of America’s largest crops. In total acreage it ranks right up there with cotton and corn. It goes without saying that imports are important. Up until recently China was …
China Accepts U.S. Soybean Shipment with 25 Percent Tariff
China Monday accepted the 25 percent tariff on U.S. soybeans, as a vessel waiting to dock for five weeks reached port and began unloading. The move marks the first shipment of U.S. soybeans to be accepted with a 25 percent tariff stemming from the U.S.-China trade war. China’s state grain stockpiling company accepted the shipment, even as government officials warned …
More Numbers from USDA August Crop Report
Some numbers from USDA’s August Crop Report came in as expected, while others varied a bit from projections. Tyron Spearman has a look at more figures from that report. More Numbers from USDA’s August Crop Report Sponsored ContentCIR Agriculture Harvester ProductsJuly 1, 2026FL Cattle Enhancement Board Wraps up Funding YearJune 30, 2026Florida Cattle Enhancement Board Awarded Researcher Discusses New World …
USDA Corn and Soybean Forecasts Surprise the Markets
USDA’s first crop production report based on farm and field surveys had a few surprises. Gary Crawford has the story. USDA Corn and Soybean Forecasts Surprise the Markets Sponsored ContentCIR Agriculture Harvester ProductsJuly 1, 2026FL Cattle Enhancement Board Wraps up Funding YearJune 30, 2026Florida Cattle Enhancement Board Awarded Researcher Discusses New World Screwworm OverviewJune 19, 2026Verdant Robotics Offers Growers Targeted …
USDA Forecasts Record High Corn Yield and Soybean Production for 2018
U.S. farmers are expected to produce a record-high soybean crop this year, according to the Crop Production report issued by the USDA National Agricultural Statistics Service. Up 4 percent from 2017, soybean production is forecast at record high 4.59 billion bushels, while corn growers are expected to decrease their production slightly from last year, forecast at 14.6 billion bushels. Down …
Soybean Analyst Says China May Have to Buy More U.S. Soybeans
In spite of an ongoing trade war between the world’s two largest economies, China may actually have to start buying U.S. soybeans in the near future. A Reuters report says oil seed analysis organization Oil World, based in Germany, says South American countries can’t supply all the soybeans that China needs. China is the world’s largest soybean buyer and has …