Soy Trades Limit Down as Trump Hints at Delay in China Talks

March 16, 2026, 7:04 PM UTC

Soybeans closed limit down after President Donald Trump said he could delay talks with China amid the war in Iran — a potential hit for US farmers hoping the Asian nation would buy more supplies soon.

Trump in an interview with the Financial Times said he could put off a highly anticipated meeting with counterpart Xi Jinping if Beijing doesn’t help unblock the Strait of Hormuz.

Prices for beans in Chicago fell 70 cents per bushel, their daily trading limit. The decline, the most since 2023, led losses in agricultural commodities. China earlier this year completed an initial round of ...

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