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From EconoFact as we speak:
The U.S. agricultural sector is dealing with a number of challenges. Excessive enter and manufacturing prices along with low commodity costs for among the nation’s main crops — together with soy, corn and wheat — contribute to slim and even destructive revenue margins for these crops and forecasts of low web farm incomes. The Trump administration’s commerce and immigration insurance policies are including to the challenges and rising the financial uncertainty dealing with the agricultural sector. On this context, the Trump administration is contemplating offering a number of billions in extra help to farmers. However the supply of the funds is unclear and tough to resolve within the midst of a authorities shutdown.
Right here’s a abstract graph:
Not included within the EconoFact article is that this graph (from the American Farm Bureau):
Supply:Nelson, Parum, FB Market Intel, 3 Sept 2025.
One might interpret the change from February to September forecasts as primarily the affect of Trump Administration insurance policies coupled with modifications in rising and world financial situations, together with responses to US commerce insurance policies. A kind of responses is the gross sales (or nonsales) of soybeans to China:
Supply: Draper, NYT, 25 Sept 2025.
The soybean farmers of the Midwest thank Trump!
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