Coverage dated October 25, 2025 to October 29, 2025
China agrees to purchase 25 million metric tons of U.S. soybeans annually, treasury secretary says
Headline from WHEC Rochester
Treasury Secretary Scott Bessent says China has agreed to purchase 25 million metric tons of U.S. soybeans annually as part of an agreement reached by its leaders. He said Thursday that China will start by purchasing 12 million metric tons of soybeans from the U.S. between now and January.
WHEC Rochester's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
"So I would expect that the threat of the 100% has gone away, as has the threat of the immediate imposition of the Chinese initiating a worldwide export control regime."
U.S. soybean farmers and lawmakers said the Chinese purchase of several shiploads of U.S. soybeans indicated a positive step in trade negotiations between the two counties. Reuters reported Wednesday that
On the heels of President Trump's meeting with Chinese President Xi Jinping, U.S. Treasury Secretary Scott Bessent said China is poised to make massive U.S. soybean purchases.
Thanks to President Trump’s new truce with Beijing, US farmers will ship tens of millions of tons of soybeans to China -- but analysts warn the deal may have come too late to rescue this season’s crop.
Treasury Secretary Scott Bessent says China has agreed to purchase 25 million metric tons of U.S. soybeans annually as part of an agreement reached by its leaders. He said Thursday that China will start by purchasing 12 million metric tons of soybeans from the U.S. between now and January.
U.S. soybean farmers and lawmakers said the Chinese purchase of several shiploads of U.S. soybeans indicated a positive step in trade negotiations between the two counties. Reuters reported Wednesday that COFCO, a Chinese state-owned food processing company, purchased about 180,000 metric tons of so…
President Trump said Thursday that China has agreed to purchase soybeans and other agricultural products from the U.S., a major breakthrough after many American farmers had faced hardship amid a trade standoff with Beijing.