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 said Thursday that China agreed to buy 12 million metric tons of US soybeans this season and 25 million tons annually for each of the next three years.

The commitment was announced after Trump and Chinese President Xi Jinping met on the sidelines of the Asia-Pacific Economic Cooperation summit in South Korea — their first face-to-face in six years — to de-escalate trade tensions.

Bessent, who farms soybeans himself, told Fox Business the deal marks a “reset” that will make farmers “extremely happy.”

Still, US soybean prices dipped Thursday as traders

See Full Page