
US and Chinese economic officials held talks in Paris led by Treasury Secretary Scott Bessent and Vice Premier He Lifeng, described as remarkably stable. Sources said China showed openness to additional purchases of US agricultural goods including poultry, beef and non-soybean row crops, and the two sides explored mechanisms for managing trade.
Final decisions rest with Trump and Xi ahead of their Beijing summit.
Prospective Chinese buying of US farm goods could support US export demand and prices for feed inputs and meats if it materializes, but outcomes remain unconfirmed until leaders decide.
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.
Not enough comparable past events yet for a historical read.
After 78 past bullish trade events, Live Cattle moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +1.2%), and +0.5% 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.