U.S. Treasury Secretary says China on track to purchase 12 mmt of soybeans by end of February 2026

U.S. Treasury Secretary says China on track to purchase 12 mmt of soybeans by end of February 2026

Joe Barker at CHS Hedging said, “While speaking at public event yesterday, US Treasury Secretary Scott Bessent said that China is on track to complete its commitment to purchase 12 MMT of soybeans “by the end of February 2026.” This…

Analyst: China’s incremental soybean buys have kept pressure off of infrastructure

A grain analyst says China is just under 50 percent of its agreement to buy soybeans as sales have continued to trickle in the past few weeks. Angie Setzer with Consus Ag Consulting tells Brownfield, “There’s a lot more, in the way of business, being done behind the scenes.” “Still, we’re not going to see them […] The post Analyst: China’s incremental soybean buys have kept pressure off of infrastructure appeared first on Brownfield Ag News.

Soybean farmers hold hope China will buy

Salisbury, Md. – After President Donald Trump met with Chinese President Xi Jinping in October, farmers and agriculture industry insiders were optimistic that trade between the two countries would resume. Steve Hurley is a second-generation soybean farmer in Wicomico County, and after trade negotiations opened with China to buy more soybeans, he felt cautiously optimistic. “After they announced that China would be buying some soybeans, we’ve see…