Trade

As the autumn harvest wraps up in America’s breadbasket, a timely olive branch from across the Pacific is injecting much-needed optimism into farm country. On October 29, 2025, China’s state-owned COFCO Corp. confirmed the purchase of three cargoes of US soybeans—totaling around 180,000 metric tons—for delivery in December and January. This marks the first buy…

In a significant development in international agricultural trade, China’s state-owned grain trader COFCO has snapped up three cargoes of US soybeans, totaling approximately 180,000 metric tons. This purchase, reported on October 29, 2025, marks the first time China has sourced soybeans from the current US harvest season. Coming just ahead of a high-stakes meeting between…