USDA Projects Ag Trade Deficit Will Fall to $41.5 Billion in 2026· Aug 29, 2025
The continuing U.S.-China trade war is likely to keep U.S. farmers under pressure: expect ag machinery and commodity processors to lag as export demand collapses, while domestic animal protein producers benefit from cheaper feed costs.
Position Reasoning
Farmland Partners (FPI), a farmland REIT, stands to lose as soybean and grain land values and rental incomes decline with falling export demand, and as domestic markets saturate.