Tag Archives: soybean

Soybean farmers, caught in the middle of a trade war between the world’s two biggest superpowers, are starting to feel the consequences as China uses its crop purchasing power as political leverage. As China’s economy has improved, the country has sought out more growth-boosting, high-protein soybean to feed its growing number of livestock such as pork and poultry. As the …

OMAHA, Neb. (AP) — American farmers welcomed China’s promise to buy some of their soybeans, but they cautioned this won’t solve all their problems as they continue to deal with soaring prices for fertilizer, tractors, repair parts and seeds. The Chinese promise to buy at least 25 million metric tons of soybeans annually for next three years will bring their …

China has agreed to purchase 25 million metric tons of U.S. soybeans annually as part of an agreement reached by its leaders, Treasury Secretary Scott Bessent said Thursday. Bessent said China will start by purchasing 12 million metric tons of soybeans from the U.S. between now and January. President Donald Trump met with Chinese leader Xi Jinping on Thursday, the …

WASHINGTON (AP) — China has agreed to purchase 25 million metric tons of U.S. soybeans annually as part of an agreement reached by its leaders, Treasury Secretary Scott Bessent said Thursday. Bessent said China will start by purchasing 12 million metric tons of soybeans from the U.S. between now and January. “So you know, our great soybean farmers, who the …

China will return U.S. soybean buys to recent annual levels, Bessent says  Axios China to Buy 12 Million Tons of Soy This Year, Bessent Says  Bloomberg.com Trump secures China agreement to buy millions of tons of US soybeans, Bessent says after Xi meeting  Fox Business China vows to boost US farm trade but leaves details unclear  Reuters Rate cuts and China developments bring good …

Exclusive: China buys US soybean cargoes ahead of Trump-Xi meet, sources say  Reuters China Purchases First Cargoes of US Soybeans This Season  Bloomberg.com ‘Partnership, not pressure’, US soybean farmers urge Trump before Xi talks  South China Morning Post Tennessee soybean farmers concerned amid national trade negotiations with China  WTVC Iowa farmers eye relief as US and China move toward trade deal  KCCI Source link

After several years of losing money on cattle, Burleen and Pete Wobeter thought this would finally be the year things turned around. Their Iowa farm also grows corn and soybeans — crops that have been hit hard by the trade war with China — but cattle had been a bright spot so far in 2025. “This year, it is the …

Farm owner Bessent on soybean crisis: “I have felt this pain too”  Axios Scott Bessent says he’s ‘felt this pain’ from China because ‘I’m actually a soybean farmer’  CNBC China will make ‘substantial’ purchases of U.S. soybeans and should avoid an extra 100% tariff, Bessent says  Fortune Scott Bessent Claims He Feels Soybean Farmers’ Pain. He’s Worth $500 Million  Rolling Stone China to Make …

Treasury Secretary Scott Bessett said Sunday he, too, has “felt pain” from China refusing to buy U.S.-grown soybeans during a trade conflict with President Donald Trump because “I’m actually a soybean farmer.” Bessent’s comment came during an interview with ABC News’ “This Week,” where he said that trade negotiations with China in the past two days had led to a …

China to Make ‘Substantial’ US Soybean Purchases, Bessent Says  Bloomberg.com How China weaponized soybeans to squeeze U.S. farmers — and spite Trump  The Washington Post Missouri soybean farmers see demand uprooted, plans disrupted by Chinese trade dispute  Missouri Independent Soybeans Correct Back Lower Ahead of the Weekend  Yahoo Finance Will Trump Rescue America’s Soybean Farmers?  Newsweek Source link