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U.S. Soybean Exports Plummet Amid Ongoing Trade War

10/23/2025

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Summary

Story summary

U.S. soybean farmers face losses as the trade war with China drives exports to zero in September 2025, down from 1.7 million tonnes in September 2024.
China shifted soybean purchases toward Brazil and Argentina, reducing U.S. exports.
Oxford Economics analyst Kiran Ahmed predicts U.S. exports to China may not recover even if talks succeed.
U.S. President Donald Trump plans aid for farmers, but a government shutdown delays the effort.

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Story summary

U.S. soybean farmers face losses as the trade war with China drives exports to zero in September 2025, down from 1.7 million tonnes in September 2024.
China shifted soybean purchases toward Brazil and Argentina, reducing U.S. exports.
Oxford Economics analyst Kiran Ahmed predicts U.S. exports to China may not recover even if talks succeed.
U.S. President Donald Trump plans aid for farmers, but a government shutdown delays the effort.