Corn, Soybean Markets React to China News
Article on Farm Futures
An agreement on U.S. agricultural sales to China outlined by the White House is raising optimism for a pickup beyond soybeans, further reviving crop flows that have been weighed down by trade tensions.
The country has agreed to buy at least $17 billion annually in American agricultural produce through 2028, according to a fact sheet posted Sunday by the White House following U.S. President Donald Trump’s visit to Beijing. It said that would be in addition to a soybean purchase pledge from late 2025, when Trump and his Chinese counterpart Xi Jinping initially met in a bid to ease the rift between the two sides.
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