From gCaptain, July 2:
U.S seaborne grain exports increased 9% year-over-year during the first half of 2025, despite significant challenges from Chinese tariffs, according to a new analysis from BIMCO.
“During the first half of 2025, US seaborne grain shipments increased 9% y/y, driven by stronger maize exports. While an increase in import tariffs led to a 57% y/y drop in volumes to China, the US has been able to find alternative markets for most of its cargoes,” said Filipe Gouveia, Shipping Analysis Manager at BIMCO.???
China introduced retailitory tariffs on U.S. grain shipments in March in response to higher tariffs on Chinese imports announcement Trump Administration, dramatically reducing U.S. competitiveness in that market. The impact was immediate and substantial – U.S. grain shipments to China fell from 26% of total exports in the first half of 2024 to just 10% in 2025.???
To compensate, American exporters pivoted to alternative markets across Asia, Latin America, and the Mediterranean. However, this shift couldn’t fully offset losses in specific commodities heavily dependent on Chinese demand. U.S. soya bean exports dropped 10% year-over-year, while sorghum exports plummeted by 89%.???
....MUCH MORE
Grains and softs may be getting more interesting, more on them after the holiday.
Via Finviz futures, (also on blogroll at right):