U.S. soybean futures reached a 15-month high on Thursday after President Donald Trump’s administration said top-importer China agreed to buy tens of millions of tons of American crops in the next few years as part of a trade truce.
Soybeans
U.S. grains: Soy futures set 15-month high after China agrees to purchases
China to buy 12 million metric tons of soybeans this season, Bessent says
U.S. Treasury Secretary Scott Bessent said on Thursday that China has agreed to buy 12 million metric tons of American soybeans during the current season through January and has committed to buying 25 million tons annually for the next three years as part of a larger trade agreement with Beijing.
Five years and counting: Inside Canada’s seed regulatory overhaul
Canada’s seed rule modernization is finally seeing the end of the tunnel, but not everyone’s convinced about the changes or that the timeline is good enough, given agriculture’s quick-changing landscape
Canada’s seed rule modernization is finally seeing the end of the tunnel, but not everyone in agriculture is convinced about the changes or that the timeline is good enough.
U.S. grains: Soybean futures hover near 15-month high after China buys U.S. cargoes
Chicago Board of Trade soybean futures hovered near a 15-month high on Wednesday after trade sources said China made its first purchases from the autumn U.S. harvest ahead of a summit between leaders Donald Trump and Xi Jinping.
ICE Canada Weekly: Canola could climb higher through to spring
With harvest pressure on canola over, the Canadian oilseed could track higher until spring, said David Derwin, commodity futures advisor for Ventum Financial in Winnipeg, Man. Although he cautioned there will be some rough patches along the way.
CBOT weekly: Trade talks in focus
Optimism over thawing trade relations between the United States and China gave soybean futures at the Chicago Board of Trade a boost during the week ended Oct. 29, with the advances in the soy market spilling into corn and wheat.
China buys U.S. soybean cargoes ahead of Trump-Xi meet, sources say
China’s state-owned COFCO bought three U.S. soybean cargoes, two trade sources said, the country’s first purchases from this year’s U.S. harvest, shortly before a summit of leaders Donald Trump and Xi Jinping.
U.S. grains: Soybeans set 15-month high on U.S.-China trade deal hopes
Chicago soybean futures reached their highest in 15 months on Tuesday, briefly topping $11 a bushel on optimism that the U.S. could reach a trade deal with China as leaders from both countries are expected to meet in South Korea on Thursday.
Monsoon promise turns sour for India’s crops ruined by late downpours
Indian farmers’ hopes for bumper crops following this year’s abundant monsoon rains were dashed by heavy downpours just before harvest that damaged their fields.
U.S. grains: Soy hits four-month high on hopes for China trade deal
U.S. soybean futures jumped to their highest level in more than four months on Monday on hopes that China will resume buying American supplies after President Donald Trump said the countries were set to reach a trade deal during his trip to Asia this week.
Cyber-Savvy Farmer
