China buys three U.S. soybean cargoes ahead of Trump-Xi meeting, Reuters reports

Soybean Farmers Find Relief in U.S. Trade Truce With China

The trade truce struck on Thursday between the United States and China gave American soybean farmers a lifeline they desperately needed after months of worry that an extended Chinese boycott would put them out of business. President Trump said on social media that President Xi Jinping of China had authorized his country to begin purchasing “massive amounts” of soybeans, sorghum and other farm products. “Our farmers will be very happy!” Mr. Trump…

The Art of Letting Trump Claim a Win

New York Times: “By withholding soybean purchases and rare-earth exports, China extracted relief from U.S. tariffs and delayed export controls, without conceding much in return.”

Fragile trade truce as soybeans return, but deeper rifts remain

The Busan meeting delivered a temporary easing of US-China tensions, but neither side gave ground on the bigger battles over chips, power and global influence.

Reports: China buys several shiploads of U.S. soybeans ahead of Trump trade meeting

China reportedly purchased several shiploads of U.S. soybeans ahead of a meeting between the countries' leaders. (Photo courtesy of USDA)U.S. soybean farmers and lawmakers said the Chinese purchase of several shiploads of U.S. soybeans indicated a positive step in trade negotiations between the two counties.  Reuters reported Wednesday that COFCO, a Chinese state-owned food processing company, purchased about 180,000 metric tons of soybeans from…

China makes first small US soybean purchase of the season ahead of Trump-Jinping summit

As the US and Chinese presidents meet, China breaks an apparent boycott with small US soybean purchase