The White House said Trump asked China to boost imports of U.S. farm and food products during his meeting with Xi. U.S. soybean sales to China were down 48% year to date, while beef and corn lagged and pork exports rose 62%.
China still levies an additional 10% duty on U.S. goods.
The continuing 10% levy and weak beef and corn sales limit U.S. export demand, though rising pork shipments offer some support for hog markets.
After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
After 85 past bullish trade events, Lean Hogs moved a median +0.8% over 5 sessions (54% higher; middle half -1.8% to +4.5%), and +4.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Trump-Xi meeting and a push for more Chinese purchases of US farm goods, with US pork exports already up 62%, point to improved export demand for US pork and supported lean hog futures on 2026-05-14.
Trump asked China to buy more farm goods, but no soybean specifics were given, and soybean sales to China were down 48% year to date.
Trump's request that China boost US farm and food imports, with corn lagging, set up expectations of Chinese corn demand.