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Trump said Xi is using soybeans as a negotiating tactic ahead of talks, as Chinese importers have not bought from the autumn US harvest. China has instead sourced supplies from South America, pressuring US soybean prices.
Continued absence of Chinese buying keeps US soybean export demand weak during harvest marketing, which is bearish for US soybean and meal prices. The comments add uncertainty about whether purchases will occur.
reuters.comTom Polansek, Trevor HunnicuttOct 1, 2025After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% 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.
