Searching for New Markets for American Soybeans and Corn

05-Jan-2026 08:28 PM

Chicago. Although the area planted with soybeans in the US is estimated to have decreased by 7.1 percent in 2025 compared to 2024, favorable weather conditions are expected to improve yields, resulting in only a 2.8 percent drop in total production, to around 116 million tons.

A report suggests that the agricultural sector may experience a largely stable environment during 2026, although conditions may vary across different regions.

Regarding soybeans, the supply and availability situation in the 2025-26 season may be somewhat complex, with ending stocks potentially decreasing. Global demand for soybeans is projected to reach a new record high, while production is expected to be slightly lower.

The trade dispute between the US and China appears unlikely to be resolved in the near future. Imports of American soybeans and corn into China have almost come to a standstill, even though China has been a major buyer.

The US also has strained trade relations with countries like Mexico and Colombia, and India is unwilling to succumb to its pressure. In this situation, the US will have to find new markets for the export of these two important agricultural products.

Southeast Asian countries, particularly Japan, Thailand, and South Korea, import significant quantities of soybeans and corn from the US, so there are no problems with these markets.

The European Union allows its member states to voluntarily import GM crops, so some countries there may import them.

However, this will not be enough. Meanwhile, soybean production in Brazil is projected to surge to an all-time high of 171 million tons, posing a serious challenge to the US in the global export market. The situation for corn is also developing along similar lines.