After Trump met with Chinese leader Xi Jinping in South Korea in October, the White House said Beijing had promised to buy at least 12 million metric tons of U.S. soybeans by the end of the calendar year, plus 25 million metric tons a year in each of the next three years. Beijing has yet to confirm any commitment to buying 12 million metric tons of soybeans for this season, but the Chinese embassy in Washington said earlier this month that “agricultural trade cooperation between China and the United States is proceeding in an orderly manner.” However, the recent increase in international purchases is encouraging to farmers, said Tim Lust, CEO of the National Sorghum Producers, who has seen more than 1 million metric tons of sorghum purchased in just the past few weeks.
Author: Josh Funk
Published at: 2025-12-31 21:08:35
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