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U.S. Farmers Brace for Declining Trade and Rising Costs

10/25/2025

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Story summary
  • The October Ag Economists’ Monthly Monitor reports that U.S. farmers face weak trade demand, high input costs, and consolidation.
  • Nearly 60% of economists report worsening conditions and 76% expect no improvement through 2026.
  • Exports to China are projected to fall to $9 billion in 2026 from $17 billion in 2025.
  • Economists urge market diversification to reduce reliance on China and spur new market development.