Trade Momentum Builds Across China, India and North America 

Trade remained front and center this week, with several developments that could carry meaningfull
implications for U.S. sorghum producers. Following President Trump’s recent meetings with Chinese President Xi Jinping, the White House announced China will purchase at least $17 billion per year in U.S. agricultural products in 2026, 2027 and 2028, in addition to previously announced soybean commitments. While commodity- specific details have not yet been released, NSP is encouraged by the scale of the commitment and the clear recognition that agriculture must remain a central component of the U.S.-China
relationship. China has historically been one of the most important export markets for U.S. sorghum, and meaningful purchase commitments would provide much-needed stability for farmers, merchandisers and rural communities across the Sorghum Belt. With sorghum averaging between $1.5 billion and $2 billion over the last several years, sorghum is positioned well to be a significant portion of the $17 billion going forward. NSP has worked for more than a year to keep sorghum in the conversation as trade negotiations have developed, and we will continue engaging with the
administration and our partners to ensure sorghum is positioned to benefit as details are finalized. Momentum also continues on a potential U.S.-India trade agreement. U.S. Ambassador Sergio Gor expressed confidence a deal could be finalized in the coming weeks or months, and NSP continues to view India as a promising long-term opportunity for sorghum. Expanded market access, science- based rules and stronger commercial ties could open the door for new demand in the Indian poultry
sector. Meanwhile, U.S. Trade Representative Jamieson Greer is expected to travel to Mexico City next week as discussions continue ahead of the USMCA joint review process. Mexico and Canada remain critical agricultural trading partners, and NSP will continue to support fair, predictable and
enforceable trade terms that strengthen North American agriculture.

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