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Treasury Secretary Bessent said China committed to buying 12 million tons of soybeans this season and at least 25 million tons annually for three years. Bessent described the 26 million ton figure as a floor and said other Southeast Asian deals could add 19 million tons in soybean purchases.
Committed volumes near recent annual averages support US soybean export demand, which underpins prices, though the 12 million ton current-season figure remains well below prior-year purchases.
agri-pulse.comOliver WardOct 30, 2025After 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.
Not enough comparable past events yet for a historical read.
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.
