DELMARVA — China will commit to buying at least $10 billion worth of American farm products annually, according to U.S. Trade Representative Jamieson Greer. The pledge follows President Trump’s recent visit to Beijing where trade discussions took place between the two nations. The agreement could boost demand for Delmarva corn and soybeans heading into the export season.
Markets
Corn prices are climbing this morning. Agricultural forecasters show corn at $4.40 per bushel, up $0.25. The May World Agricultural Supply and Demand Estimates report projects decreased supply and lower ending stocks for the 2026-27 marketing year. The harvest is forecast at 16 billion bushels, down 6% from last year due to reduced planted acreage and lower yields.
Locally, corn at Laurel Grain Company in Laurel, Delaware is bringing $5.14 a bushel for July delivery. Soybeans there are $11.31 for July.
Production
Agronomists are urging growers to watch for uneven emergence in corn and soybean fields. Ryan Peterson from WinField United says uniform emergence is critical for maximizing yields. He warns that corn plants emerging 2 leaves behind their neighbors essentially become weeds competing for resources rather than contributing to harvest.
Forecast
Expect mostly sunny skies today with a high near 67°F. Winds northwest at 10 to 15 mph. Tonight stays mostly clear with a low around 55°F. Tomorrow looks sunny with temperatures climbing to 75°F.
This article is based on the Delmarva Farm Report Update Morning Edition, May 15, 2026. Hosted by Tom Bradley.
