Xi-Trump summit may yield farm deal, but China has limited soybean appetite
- Posted on May 12, 2026
- By Business News Today
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- 1 min read
Xi-Trump summit may yield farm deal, but China has limited soybean appetite
Market watchers anticipate a farm deal at the upcoming U.S.-China summit, potentially expanding Beijing's purchases of grains and meat. However, significant new soybean purchases beyond last October's agreement are unlikely due to weak demand and cheaper alternatives. The focus is on potential deals for corn, sorghum, milling wheat, beef, and poultry.
