# China to buy 12 million metric tons of US soybeans this season, Bessent says | Reuters

> US Treasury Secretary Scott Bessent said China agreed to buy 12 million metric tons of US soybeans this season through January, down from 22.5 million tons the prior season. China also committed to buying 25 million tons annually for three years under a broader trade agreement following the Trump-Xi meeting.

- Date: 2025-10-30 · published 2025-10-30T12:00:00.000Z
- Category: trade · region China · magnitude high
- Page: https://feedsoft.ai/events/14624-china-to-buy-12-million-metric-tons-of-us-soybeans-this-season-bessent-says
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Committed Chinese purchases restore a major export outlet for US soybeans after months of zero buying, supporting US soybean and meal prices while South American supply still dominates near-term shipments.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-01-06 | [China buys more US soybeans, total purchases approach 10 million tons \| Reuters](https://feedsoft.ai/events/14610-china-buys-more-us-soybeans-total-purchases-approach-10-million-tons-reuters.md) | -1.4% | +1.8% |
| SOY | 2026-01-20 | [China Buy 12 Million Tons of US Soybeans, Meets Key Trade Pledge - Bloomberg](https://feedsoft.ai/events/14608-china-buy-12-million-tons-of-us-soybeans-meets-key-trade-pledge-bloomberg.md) | +0.4% | +7.2% |
| SOY | 2019-02-02 | [China's COFCO buys million-tonne batch of U.S. soybeans](https://feedsoft.ai/events/60472-china-s-cofco-buys-million-tonne-batch-of-u-s-soybeans.md) | -0.4% | -1.6% |
| SOY | 2026-01-20 | [China hits 12 million ton US soybean target pledged in trade truce \| Reuters](https://feedsoft.ai/events/14605-china-hits-12-million-ton-us-soybean-target-pledged-in-trade-truce-reuters.md) | +0.4% | +7.2% |
| SOY | 2019-09-16 | [China buys $67 million Worth of U.S. Soybeans as Trade War Eases](https://feedsoft.ai/events/56927-china-buys-67-million-worth-of-u-s-soybeans-as-trade-war-eases.md) | -0.2% | +5.8% |
| SBM | 2019-02-02 | [China's COFCO buys million-tonne batch of U.S. soybeans](https://feedsoft.ai/events/60472-china-s-cofco-buys-million-tonne-batch-of-u-s-soybeans.md) | -1.8% | -1.8% |
| SBM | 2017-06-20 | [China may buy record volume of U.S. soybeans](https://feedsoft.ai/events/70349-china-may-buy-record-volume-of-u-s-soybeans.md) | -2.5% | +7.3% |
| SBM | 2023-11-10 | [China soybean imports top 100 million tonnes](https://feedsoft.ai/events/33166-china-soybean-imports-top-100-million-tonnes.md) | +3.6% | -4.9% |

## Sources

- reuters.com: https://www.reuters.com/world/china/china-buy-12-million-metric-tons-soybeans-this-season-bessent-says-2025-10-30/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.