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11/03/2025 | News release | Distributed by Public on 11/03/2025 12:33

China resumes U.S. soybean purchases under new trade agreement

An agreement for China to immediately resume purchases of U.S. soybeans boosted markets last week, pushing futures prices to seasonal highs.

The purchases were part of a trade agreement announced by President Donald Trump after meetings last week with China President Xi Jinping in South Korea.

The White House said China agreed to buy 12 million metric tons of U.S. soybeans, or 440 million bushels, between now and January. China pledged to purchase 25 million metric tons (918 million bushels) of U.S. soybeans annually over the next...

Iowa Farm Bureau Federation published this content on November 03, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on November 03, 2025 at 18:33 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]