China Buys First U.S. Soybeans Ahead of Trump–Xi Summit

2025-10-29 06:30 By Farida Husna 1 min. read

China reportedly purchased three U.S.

soybean cargoes this week, marking its first imports from the new U.S.

harvest, Reuters reported, citing two trade sources.

State-owned COFCO bought about 180,000 metric tons of soybeans for December and January shipment through Pacific Northwest ports.

The purchases come ahead of this week’s summit between U.S.

President Donald Trump and Chinese President Xi Jinping, signaling a potential easing of trade tensions.

Meanwhile, soybean futures jumped this week to their highest in 15 months, rebounding from recent five-year lows on hopes for a U.S.-China trade deal.



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