A major development in United States-China trade relations this morning brought long-awaited good news for American soybean producers. Following a high-level meeting between President Donald Trump and Chinese President Xi Jinping in Busan, South Korea, China has agreed to purchase 25 million metric tons of U.S. soybeans annually, beginning with an initial shipment of 12 million tons before January.

The agreement is part of a broader one-year trade truce between the two nations and signals renewed stability for soybean markets that have been volatile since trade tensions escalated in 2018. According to U.S. Treasury Secretary Jeff Bessent, the soybean commitment represents one of the largest agricultural purchase pledges made by China in recent years.

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