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Trump and Xi reached an agreement under which China will buy 12 million metric tons of US soybeans through January and at least 25 million tons annually for three years, according to US officials. The deal eases a trade dispute that had shut Chinese buyers out of the US autumn harvest.
Restored Chinese purchases reopen the largest export channel for US soybeans, which supports US soybean prices and the export premiums that buyers pay. Feed buyers should expect firmer soymeal and soybean costs if the purchases are executed.
apnews.comChris Megerian, Didi Tang, Paul WisemanOct 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.
After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% 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.
