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https://www.foxbusiness.com/politics/trump-secures-china-agreement-buy-millions-tons-us-soybeans-bessent-says-after-xi-meetinghttps://nypost.com/2025/10/30/business/scott-bessent-hails-us-china-soybeans-truce-but-it-could-be-too-late-for-this-years-crop/https://apnews.com/article/bessent-china-trump-soybeans-8e318b06345d4392804c5c93a96e81b5
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Highlights
  • China will start by purchasing 12 million metric tons of soybeans from the U.S. between now and January.
  • China has agreed to purchase 25 million metric tons of U.S. soybeans annually as part of an agreement reached by its leaders, Treasury Secretary Scott Bessent said Thursday.
  • "So you know, our great soybean farmers, who the Chinese used as political pawns, that’s off the table, and they should prosper in the years to come,"

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References

Trump secures China agreement to buy millions of tons of US soybeans, Bessent says after Xi meeting

Trump secures China agreement to buy millions of tons of US soybeans, Bessent says after Xi meeting

Treasury secretary hails US-China soybeans truce — but analysts share warning about this year's crop

Treasury secretary hails US-China soybeans truce — but analysts share warning about this year's crop

China agrees to purchase 25 million metric tons of US soybeans annually, treasury secretary says

China agrees to purchase 25 million metric tons of US soybeans annually, treasury secretary says

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