China Soy Deal Lifts US Farmers But Spotlights Trade Limitations

China’s commitment to buy at least 87 million tons of US soybeans through the next several years provides long-sought relief to farmers, while at the same time highlighting the limitations of America’s reliance on the trading partner for its exports.

China has agreed to buy at least 12 million metric tons of US soybeans this season, and a minimum of 25 million tons annually over the next three years, US Agriculture Secretary Brooke Rollins said in a post on X. She added that China would also remove “unwarranted tariffs” on most US agriculture including soybeans.

Soybean futures rose on the ...