Articles Tagged with ''soybeans''

The agriculture industry is sounding the alarm over any potential EPA delays in finishing biofuel-blending rules this year, arguing that a lag would further hurt financially strapped soybean farmers.

As President Trump and Chinese President Xi are expected to meet in South Korea on Thursday, a struggling U.S. agriculture market for soybeans and other top row crops is waiting for firm signs that China demand will soon pick up. 

A grim economic outlook for U.S. corn and soybean farmers is inviting comparisons with the devastating farm economy of the 1980s. While there are key differences, smaller and mid-sized farmers are at risk, ag industry watchers say. 

The Agriculture Department is lowering its forecast for farm earnings in 2025 as declines in the crop sector more than offset soaring incomes for cattle producers.  

Lawmakers return from their long summer recess to growing prospects for a government shutdown, and policy makers will get a fresh look this week at the state of the increasingly fragile farm economy.

The Labor Department plans to update the way it calculates the adverse effect wage rate used in the H-2A guest worker program, which could be good news for growers.

The Agriculture Department projected Thursday the U.S. agricultural trade deficit would narrow in fiscal 2026 despite an expected plunge in sales to China, which has yet to reach a trade deal with President Donald Trump. The deficit is expected to decline because imports are projected to drop even more than exports. 

Justin Sherlock and other farmers in North Dakota are just a month away from combining their soybean crop, and their biggest market, China, has yet to order a single bushel. As a result, local cash bids in Sherlock’s area was down to $9.09 a bushel on Tuesday, $1.40 below the CME Group’s November futures price. That spread, or basis, would normally be about 70 to 90 cents a bushel, 

Senate Majority Leader John Thune says Congress will “keep the options open” for a new round of payments to compensate farmers for the slump commodity markets.