China Pledges Soybean Purchases After Trump-Xi Summit
China paused soybean purchases, harming U.S. farmers since 2022.
China's 2025 soybean revenue dropped from $18B to $2.4B.
China bought 180,000 metric tons for December and January.
Chicago soybean futures fell 1% after the pledge.
Agriculture Secretary Brooke Rollins praised the deal.
Markets expected 5-10 million tonnes in purchases.
1 week ago