Bullets:
China is shifting its supply chains for agricultural products to Russia and South America.
Over $12 billion in US farm exports to China is at risk. There are no outstanding orders for American ag to China for the rest of this year, and that demand is being met by booming exports from Brazil and Argentina.
US trade officials are scrambling to sell to new markets in Europe and Asia, but the high tariffs on other industries are also pushing buyers to Brazil.
Despite vanishing export markets and falling commodity prices, American farmers report high levels of optimism.
Resources and links:
USDA’s Rollins: ‘Let’s Go Barnstorm The World And Find New Partners’ For Trade
https://www.agweb.com/news/policy/politics/usdas-rollins-lets-go-barnstorm-world-and-find-new-partners-trade
China Loads Up on Brazilian Soybeans as Trade War Escalates
https://www.bloomberg.com/news/newsletters/2025-04-11/global-food-roundup-china-snaps-up-brazilian-soy-as-trade-war-escalates
From Meat to Grains, Trade War Is Boon to Brazil, Argentina
https://www.bloomberg.com/news/articles/2025-04-21/from-meat-to-grains-trade-war-is-a-boon-to-brazil-and-argentina
US Small-Business Optimism Soars to Three-Year-High After Trump Win
https://www.bloomberg.com/news/articles/2024-12-10/us-small-business-optimism-soars-to-three-year-high-after-trump-win
China Loads Up on Brazilian Soybeans as Trade War Escalates
China Is Said Seeking Argentina Crops as It Skirts US Tariffs
US Farm Sentiment at 4-Year High as Trump Seeks Trade Deals
The other paycheck: how off-farm income keeps farmers farming
https://www.fb.org/market-intel/the-other-paycheck-how-off-farm-income-keeps-farmers-farming
Forbes, Small Business Optimism Rises In May Despite Tariff Chaos
https://www.forbes.com/sites/brandonkochkodin/2025/06/10/small-business-optimism-rises-in-may-despite-tariff-chaos/
Share this post