KEY TAKEAWAYS:

China commits to purchasing at least 25 million metric tons of U.S. soybeans annually for the next three years.

Chinese tariffs on U.S. agricultural products will be removed, reopening markets for soybeans, sorghum , and other crops.

Farmers caution the deal won’t address high costs for fertilizer, machinery, and seeds.

Agreement seen as a step toward restoring long-term trade stability with China for U.S. agriculture .

American farmers welcomed China’s promise to buy some of their soybeans, but they cautioned this won’t solve all their problems as they continue to deal with soaring prices for fertilizer, tractors, repair parts and seeds.

The Chinese promise to buy at least 25 million metric tons of soybeans annually for next three years will bring their purchas

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