Sorghum

The White House says China will buy 12 MMT of U.S. soybeans in late 2025 and 25 MMT annually through 2028, plus resume U.S. sorghum and hardwood log imports, clearing confusion over comments from Secretary Bessent.

In addition to major tax provisions, the bill enhances the current safety net, providing $66 billion in new spending for farm programs.

The Ag Economists’ Monthly Monitor is a new survey of nearly 50 economists. Most ag economists agree the next 12 months could produce more financial pressure for agriculture, but their views vary depending on commodity.