China Soybean Purchases Lag Despite Trade Deal

Benzinga

China resumed U.S. soybean buying after a trade deal but remains far behind its pledge to purchase 12 million metric tons in the last two months of 2025, having bought only 2.85 million so far. Treasury Secretary Scott Bessent says China will meet the target by February as Trump rolls out $12B in tariff-funded farm aid.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:03China resumed buying U.S. soybeans in October after reaching a trade agreement with the United

00:07States. But purchases remain behind the targets set in the deal, according to CNBC.

00:13China had halted buying during Trump's trade war and pledged to purchase at least 12 million

00:18metric tons in the final two months of 2025. China pledged to buy 12 million metric tons

00:24of U.S. soybeans in the final two months of 2025, but has purchased only 2.85 million metric tons

00:30so far, according to USDA data compiled by NBC News. Treasury Secretary Scott Bessent said

00:35China is on track to buy 12 million metric tons of U.S. soybeans by February, while the Trump

00:41administration projected at least 25 million tons over the next three years. Trump announced $12

00:47billion in aid for farmers affected by his trade war and said the funding would come from U.S.

00:52tariff revenues. For all things money, visit Benzinga.com.

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