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U.S. agriculture groups are looking ahead to the Trump-Xi meeting in Washington, with soybean and sorghum trade at the centre of the talks. The National Sorghum Producers want China to remove its 10% retaliatory tariff and commit to buying 5 to 7 million tonnes a year.
Analysts expect soybean markets to be volatile depending on the meeting's outcome, with China's purchase commitment of 25 million tonnes only partly fulfilled.
A trade deal removing tariffs or locking in purchases would support U.S. soybean and sorghum prices, while a failed meeting would likely pressure them.
rfdtv.comMarion Kirkpatrick, Alex HeiderSep 24, 2026After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% 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.
