# Agreement between Trump and Xi turns back the clock | AP News

> 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.

- Date: 2025-10-30 · published 2025-10-30T12:00:00.000Z
- Category: trade · region US-China · magnitude high
- Page: https://feedsoft.ai/events/22448-agreement-between-trump-and-xi-turns-back-the-clock-ap-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-12-09 | [China buys U.S. soybeans after Trump trade agreement](https://feedsoft.ai/events/14615-china-buys-u-s-soybeans-after-trump-trade-agreement.md) | -2.0% | -3.7% |
| SOY | 2026-10-28 | [Corn and Soybeans in the Green](https://feedsoft.ai/events/77-corn-and-soybeans-in-the-green.md) | -1.6% | — |
| SOY | 2025-11-01 | [What did Trump, Xi agree to on tariffs, export controls and fentanyl](https://feedsoft.ai/events/14622-what-did-trump-xi-agree-to-on-tariffs-export-controls-and-fentanyl.md) | +0.2% | +2.6% |
| SOY | 2019-06-29 | [G20 Summit: Trump and Xi agree to hold off on new tariffs, let Huawei buy US products](https://feedsoft.ai/events/58482-g20-summit-trump-and-xi-agree-to-hold-off-on-new-tariffs-let-huawei-buy-us.md) | -2.7% | -1.6% |
| SOY | 2020-10-23 | [USTR and USDA Release Report on Agricultural Trade between the United States and China \| United States Trade Representative](https://feedsoft.ai/events/50499-ustr-and-usda-release-report-on-agricultural-trade-between-the-united-states.md) | -2.0% | +9.7% |
| SBM | 2020-10-23 | [USTR and USDA Release Report on Agricultural Trade between the United States and China \| United States Trade Representative](https://feedsoft.ai/events/50499-ustr-and-usda-release-report-on-agricultural-trade-between-the-united-states.md) | -1.4% | +3.0% |
| SBM | 2018-08-29 | [US feed associations release joint statement on preliminary trade agreement between US and Mexico - Milling and Grain](https://feedsoft.ai/events/63509-us-feed-associations-release-joint-statement-on-preliminary-trade-agreement.md) | +1.8% | +2.3% |
| SBM | 2018-09-02 | [U.S., Mexico reach agreement on key trade provisions - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/63004-u-s-mexico-reach-agreement-on-key-trade-provisions-agweek-1-source-for.md) | +4.0% | +2.2% |

## Sources

- apnews.com: https://apnews.com/article/trump-china-united-states-trade-war-05f263e824a3e83fa0cc8158f834493a

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