China’s Bold Move: Purchasing 180,000 Tons of US Soybeans Ahead of Trump-Xi Summit – What It Means for Global Ag Trade
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…
