Market Overview - US farmers face a challenging economic landscape due to potential oversupply of corn and soybeans [1] - Trade disputes exacerbate the situation, leading to negative profit margins for many in the industry [2] Production & Supply - USDA forecasts a record 167 billion bushel corn crop and a 429 billion bushel soybean crop [1] - Potential oversupply of corn and soybeans has pressured prices lower [1] Trade & Export - US tariffs lead to retaliatory tariffs on US agricultural products, making American exports more expensive [2][3] - Trade tensions risk losing crucial export partners to countries like Brazil [3] - New crop soybean commitments from China have plummeted to a 20-year low [3] - US new crop corn exports are the second highest in the past 20 years, driven by strong demand from Mexico [3]

This week, Wall Street Week's David Westin spoke with FDA Commissioner Marty Makary, with corn farmers in Iowa about the export markets they need to make their business work https://t.co/4hG9rzAVFI ...

Trade Agreements - Vietnam aims to sign more free trade agreements to diversify its export markets [1] Market Uncertainty - Vietnam grapples with global uncertainty posed by the US tariff offensive [1]