China will purchase at least $17 billion in U.S. agricultural products such as beef and poultry per year through 2028, reports Jim Henry.

The president directing Congress to make a deal could be the key to finally getting new ethanol legislation passed after a decade-long fight, predicts Jim Henry.

Jim Henry calculates that the payments expected by the end of February are a needed step toward easing financial strain in the farm economy, but will not cover the full extent of row crop losses during this prolonged period of elevated costs, low crop prices and weak margins.

Jim Henry cautions that President Donald Trump's idea of importing beef from Argentina endangers the already shaky U.S. farm economy.