November 3, 2025 • 8 mins
Ty Higgins of Ohio AGNET says that China committing to buy U.S. Soybeans is a real shot in the arm, but is dead set against the importing of beef from Argentina
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
All right, let's check in with our friend Ty Higgins
(00:02):
on a Legacy Retirement group dot com phone line tie
with Ohio Agnet.
Speaker 2 (00:06):
How is your weekend, my friend, Mike, not that at all.
Speaker 3 (00:08):
You mentioned that Buckeye victory, and I love fall weather,
so when he gets a little crisp in the air,
I kind of smile a little bit more. It's my
favorite time of year.
Speaker 2 (00:17):
I couldn't agree with you more. It's it's lovely.
Speaker 1 (00:19):
Although I was talking earlier about the deer, I mean
they are out and active, and they're even in you know,
suburban air, not just in rural areas. They're in the city.
And you really got to watch out this time of year.
Speaker 3 (00:32):
Yeah, And I got a lot of family and three
stands right now doing some bow huntings. So they're going
to be on the movie even more this week for sure.
Speaker 1 (00:38):
If they'd like to set one up in my backyard,
they're welcome to do that, because I think I'm on
a path. I think, and I think they kind of
keep the same trails in the same paths, and I
think my yard is on it because I caught one
in broad daylight. I don't know I was about to
I don't know if it was a younger buck four
to six points.
Speaker 2 (00:54):
But they're pretty.
Speaker 1 (00:55):
They're pretty animals, no doubt, but they can be a nuisance,
especially with my plants.
Speaker 3 (00:59):
Well, I'll send a mere.
Speaker 1 (01:00):
Very good Hey, I wanted to check in on you.
We're with you on the shutdown, the government shutdown. Now
we're thirty four days in and it's effect on agriculture
in the state of Ohio.
Speaker 2 (01:11):
What's the headline?
Speaker 3 (01:12):
Well, usually your first question to me would be how
is harvest going? And we really don't know because we
haven't had a crop progress report since the government shutdown.
We usually get them once a week, and we already
missed World agg Supply and Demand Report from the USDA,
which tells us how yields are looking. We didn't see
one in October. It looks like with one coming next
(01:34):
week that we won't see one again in November. So
I really can't tell you how things are going across Ohio.
We are, through our social media channels with Ohio Agne
and Ohio's Country Journal, reaching out to our audience to
see how far things are coming along and from what
we can gather, soybean harvest is pretty much complete and
we're almost done with porn. If the forecast holds up
(01:55):
and we have the weather that you guys talked about
here for the rest of this week, we could wrap
up with harvest here by the end of this week.
For sure.
Speaker 2 (02:01):
That's certainly good news.
Speaker 1 (02:02):
And now I was going to ask you, do you
have any anecdotal, you know, smaller granule evidence about the harvest,
just like you said, talking to some of your members
and you know, kind of hey, what's your neighbor saying,
what's the guy down, you know, in the next county
all over saying, So as opposed to having all the
information sort of you know, put into one giant report,
just getting a little anecdotal evidence on how we're doing.
Speaker 3 (02:25):
Yeah, and we have people all across the state that
will tell us exactly what's going on. And I think
the general consensus is is even those things did get
dry and we didn't have a fantastic finish to the
growing season, yields are surprisingly good across Ohio. Not for
every farmer. There are going to be some farmers that
simply didn't get the rains of the proper time, or
(02:46):
there's always one or two days of planting season in
the spring that you're just not supposed to plant, and
you do. You don't know it when you're doing it.
But some farmers just caught that window when things were
not as opportune as they should have been or could
have been. But all in all, I think we're going
to see pretty average yields for corn and soybeans, which
considering the challenges Mother Nature gave us, I think we'll
(03:08):
take average this year.
Speaker 2 (03:10):
Anytime.
Speaker 1 (03:11):
Toy Higgins, Ohio Agnet, our guest, you mentioned soybeans, and
I correct me if I'm wrong.
Speaker 2 (03:15):
I think you have mentioned in the past.
Speaker 1 (03:17):
They are the biggest crop in the state of Ohio,
if not one of the biggest two crops in Ohio.
And last week President Trump was in China and they
got some deals going and China has agreed to buy
a whole bunch of US soybeans.
Speaker 2 (03:31):
What does that mean for us here in the Buckeye State.
Speaker 3 (03:33):
Well, that was huge news. They didn't buy a single
bean from US in all of twenty twenty five up
until last week, and typically they buy about thirty three
percent of the beans that we grow here in Ohio alone.
So to hear that one hundred and eighty million metric
ton purchased before Trump and She's meeting last week was
a shot in the arm for American agriculture for sure.
(03:56):
And then we heard that they're going to be buying
beans from US for the next three years. So it
gives us a little bit of stability in the markets
and a little bit of promise for the future. But
if you'll recall, during the first Trump administration, China said
they were going to buy a bunch of soybeans from
US and did not quite hit the mark as far
as what was promised. So it's kind of a wait
and see and I'll believe it when I see it,
(04:17):
I think for a lot of farmers across Ohio and
across the country as far as what China may actually
do with soybean purchases. But they did buy some soybeans,
so they are going to move some soybeans, and during
a very important time of harvest, when a lot more
in new crops soybeans are coming online, that is a
big deal for farmers.
Speaker 1 (04:33):
Yeah, and here's how when they do what they said
they would do and actually go through the.
Speaker 2 (04:37):
Process and buy the beans.
Speaker 1 (04:39):
So that's a win there on the other side of
the coin. And sure you're aware, Tie, and our listeners
are aware. I generally generally support the Trump administration, but
I think it's healthy sometimes to throw a flag on
a play.
Speaker 2 (04:51):
If you see something that you don't like.
Speaker 1 (04:53):
And I'm not crazy about the prospect of importing beef
from Argentina.
Speaker 2 (04:58):
I know beef prices are high.
Speaker 1 (05:00):
I'll let you talk about this, but I don't know.
I support our Ohio farmers, beef farmers, and I know
you're in touch with the cattleman and all the people
that raise beef in the state of Ohio. What are
your thoughts on importing beef from Argentina.
Speaker 3 (05:15):
They didn't just throw the yellow flag. Farmers through the
red flag, and they're challenging this because it is just
not the way that things are supposed to work. And
I don't think i've ever heard, I know, I haven't
farmers really speak out against a president's idea or the
president's idea as they have for this one. And the
main point, Mike is this is that, yes, beef prices
(05:35):
are higher. We are paying more for those prime cuts
of USDA grade a beef that's grown right here in
the US, but we are still buying it. It's not
so high that that demand has fallen. And so the
point that cattle farmers in Ohio and across the country
are making is the markets are working. The demand for
(05:57):
our high quality beef is so much higher even though
prices are higher, that as soon as we see a
drop off in that and prices become too high for
you and I to maybe look at pork or chicken
a little bit more than we do with beef, that's
when things will correct themselves and the markets will adjust.
The other aspect of this is if we bring in
(06:18):
beef from Argentina, it doesn't give American cattle producers certainty
for the future and really a reason to build up
their herd, because they're going to keep prices high on
the cuts that we enjoy here in the US. What
we get from Argentina is mostly going to be for
eighty twenty, for eighty five, fifteen, ninety ten more than
(06:39):
lean ground chucks. So it wouldn't really help us as
far as those higher end cuts, and it really wouldn't
help the market in the long run either.
Speaker 1 (06:46):
And that's an interesting point too. I didn't know that
Ty Higgins, Ohio agnet and so where are we with
the herds, and because I know the herd the head
of cattle were low and that they need to build
these back up. That was part of the supply problem.
Is that a month's thing, is that a year's thing.
(07:07):
How long until we can get those herds to the
level to the point where we can start increasing the supply.
Speaker 3 (07:12):
Yeah, Well, earlier this year we talked about high pass
avi and influenza and how fast it would take to
get the poultry head of backup in those barns. But
that is a much shorter turnaround. So we are close
to getting you know, those barns back to full capacity
from what we saw in the poultry industry earlier this year.
Cattle is completely different story, and it all started last
(07:34):
year with that drought in the fall where farmers couldn't
even get water to their cattle and had to sell
them because of the drought. It's going to take two, three,
four years to really build that herd back up. It's
not something that happens overnight. And quite honestly, it's going
to cost a lot for farmers to build those herds
back up. So if you bring down the price of
(07:56):
beef and the price that the farmer gets for that beef.
It's going to take longer to build up those herds
to levels that have been used to for so many
years here on the Hiland, across the country,
All right, let's check in with our friend Ty Higgins
(00:02):
on a Legacy Retirement group dot com phone line tie
with Ohio Agnet.
Speaker 2 (00:06):
How is your weekend, my friend, Mike, not that at all.
Speaker 3 (00:08):
You mentioned that Buckeye victory, and I love fall weather,
so when he gets a little crisp in the air,
I kind of smile a little bit more. It's my
favorite time of year.
Speaker 2 (00:17):
I couldn't agree with you more. It's it's lovely.
Speaker 1 (00:19):
Although I was talking earlier about the deer, I mean
they are out and active, and they're even in you know,
suburban air, not just in rural areas. They're in the city.
And you really got to watch out this time of year.
Speaker 3 (00:32):
Yeah, And I got a lot of family and three
stands right now doing some bow huntings. So they're going
to be on the movie even more this week for sure.
Speaker 1 (00:38):
If they'd like to set one up in my backyard,
they're welcome to do that, because I think I'm on
a path. I think, and I think they kind of
keep the same trails in the same paths, and I
think my yard is on it because I caught one
in broad daylight. I don't know I was about to
I don't know if it was a younger buck four
to six points.
Speaker 2 (00:54):
But they're pretty.
Speaker 1 (00:55):
They're pretty animals, no doubt, but they can be a nuisance,
especially with my plants.
Speaker 3 (00:59):
Well, I'll send a mere.
Speaker 1 (01:00):
Very good Hey, I wanted to check in on you.
We're with you on the shutdown, the government shutdown. Now
we're thirty four days in and it's effect on agriculture
in the state of Ohio.
Speaker 2 (01:11):
What's the headline?
Speaker 3 (01:12):
Well, usually your first question to me would be how
is harvest going? And we really don't know because we
haven't had a crop progress report since the government shutdown.
We usually get them once a week, and we already
missed World agg Supply and Demand Report from the USDA,
which tells us how yields are looking. We didn't see
one in October. It looks like with one coming next
(01:34):
week that we won't see one again in November. So
I really can't tell you how things are going across Ohio.
We are, through our social media channels with Ohio Agne
and Ohio's Country Journal, reaching out to our audience to
see how far things are coming along and from what
we can gather, soybean harvest is pretty much complete and
we're almost done with porn. If the forecast holds up
(01:55):
and we have the weather that you guys talked about
here for the rest of this week, we could wrap
up with harvest here by the end of this week.
For sure.
Speaker 2 (02:01):
That's certainly good news.
Speaker 1 (02:02):
And now I was going to ask you, do you
have any anecdotal, you know, smaller granule evidence about the harvest,
just like you said, talking to some of your members
and you know, kind of hey, what's your neighbor saying,
what's the guy down, you know, in the next county
all over saying, So as opposed to having all the
information sort of you know, put into one giant report,
just getting a little anecdotal evidence on how we're doing.
Speaker 3 (02:25):
Yeah, and we have people all across the state that
will tell us exactly what's going on. And I think
the general consensus is is even those things did get
dry and we didn't have a fantastic finish to the
growing season, yields are surprisingly good across Ohio. Not for
every farmer. There are going to be some farmers that
simply didn't get the rains of the proper time, or
(02:46):
there's always one or two days of planting season in
the spring that you're just not supposed to plant, and
you do. You don't know it when you're doing it.
But some farmers just caught that window when things were
not as opportune as they should have been or could
have been. But all in all, I think we're going
to see pretty average yields for corn and soybeans, which
considering the challenges Mother Nature gave us, I think we'll
(03:08):
take average this year.
Speaker 2 (03:10):
Anytime.
Speaker 1 (03:11):
Toy Higgins, Ohio Agnet, our guest, you mentioned soybeans, and
I correct me if I'm wrong.
Speaker 2 (03:15):
I think you have mentioned in the past.
Speaker 1 (03:17):
They are the biggest crop in the state of Ohio,
if not one of the biggest two crops in Ohio.
And last week President Trump was in China and they
got some deals going and China has agreed to buy
a whole bunch of US soybeans.
Speaker 2 (03:31):
What does that mean for us here in the Buckeye State.
Speaker 3 (03:33):
Well, that was huge news. They didn't buy a single
bean from US in all of twenty twenty five up
until last week, and typically they buy about thirty three
percent of the beans that we grow here in Ohio alone.
So to hear that one hundred and eighty million metric
ton purchased before Trump and She's meeting last week was
a shot in the arm for American agriculture for sure.
(03:56):
And then we heard that they're going to be buying
beans from US for the next three years. So it
gives us a little bit of stability in the markets
and a little bit of promise for the future. But
if you'll recall, during the first Trump administration, China said
they were going to buy a bunch of soybeans from
US and did not quite hit the mark as far
as what was promised. So it's kind of a wait
and see and I'll believe it when I see it,
(04:17):
I think for a lot of farmers across Ohio and
across the country as far as what China may actually
do with soybean purchases. But they did buy some soybeans,
so they are going to move some soybeans, and during
a very important time of harvest, when a lot more
in new crops soybeans are coming online, that is a
big deal for farmers.
Speaker 1 (04:33):
Yeah, and here's how when they do what they said
they would do and actually go through the.
Speaker 2 (04:37):
Process and buy the beans.
Speaker 1 (04:39):
So that's a win there on the other side of
the coin. And sure you're aware, Tie, and our listeners
are aware. I generally generally support the Trump administration, but
I think it's healthy sometimes to throw a flag on
a play.
Speaker 2 (04:51):
If you see something that you don't like.
Speaker 1 (04:53):
And I'm not crazy about the prospect of importing beef
from Argentina.
Speaker 2 (04:58):
I know beef prices are high.
Speaker 1 (05:00):
I'll let you talk about this, but I don't know.
I support our Ohio farmers, beef farmers, and I know
you're in touch with the cattleman and all the people
that raise beef in the state of Ohio. What are
your thoughts on importing beef from Argentina.
Speaker 3 (05:15):
They didn't just throw the yellow flag. Farmers through the
red flag, and they're challenging this because it is just
not the way that things are supposed to work. And
I don't think i've ever heard, I know, I haven't
farmers really speak out against a president's idea or the
president's idea as they have for this one. And the
main point, Mike is this is that, yes, beef prices
(05:35):
are higher. We are paying more for those prime cuts
of USDA grade a beef that's grown right here in
the US, but we are still buying it. It's not
so high that that demand has fallen. And so the
point that cattle farmers in Ohio and across the country
are making is the markets are working. The demand for
(05:57):
our high quality beef is so much higher even though
prices are higher, that as soon as we see a
drop off in that and prices become too high for
you and I to maybe look at pork or chicken
a little bit more than we do with beef, that's
when things will correct themselves and the markets will adjust.
The other aspect of this is if we bring in
(06:18):
beef from Argentina, it doesn't give American cattle producers certainty
for the future and really a reason to build up
their herd, because they're going to keep prices high on
the cuts that we enjoy here in the US. What
we get from Argentina is mostly going to be for
eighty twenty, for eighty five, fifteen, ninety ten more than
(06:39):
lean ground chucks. So it wouldn't really help us as
far as those higher end cuts, and it really wouldn't
help the market in the long run either.
Speaker 1 (06:46):
And that's an interesting point too. I didn't know that
Ty Higgins, Ohio agnet and so where are we with
the herds, and because I know the herd the head
of cattle were low and that they need to build
these back up. That was part of the supply problem.
Is that a month's thing, is that a year's thing.
(07:07):
How long until we can get those herds to the
level to the point where we can start increasing the supply.
Speaker 3 (07:12):
Yeah, Well, earlier this year we talked about high pass
avi and influenza and how fast it would take to
get the poultry head of backup in those barns. But
that is a much shorter turnaround. So we are close
to getting you know, those barns back to full capacity
from what we saw in the poultry industry earlier this year.
Cattle is completely different story, and it all started last
(07:34):
year with that drought in the fall where farmers couldn't
even get water to their cattle and had to sell
them because of the drought. It's going to take two, three,
four years to really build that herd back up. It's
not something that happens overnight. And quite honestly, it's going
to cost a lot for farmers to build those herds
back up. So if you bring down the price of
(07:56):
beef and the price that the farmer gets for that beef.
It's going to take longer to build up those herds
to levels that have been used to for so many
years here on the Hiland, across the country,
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