# China living up to trade deal promises, Biden's agriculture secretary says

> Agriculture Secretary Tom Vilsack said China appears to be meeting its phase one trade deal commitments, while noting that pandemic-related market conditions can change required purchase levels. He cautioned that the complex US-China relationship could still disrupt purchases.

- Date: 2021-02-25 · published 2021-02-25T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/48474-china-living-up-to-trade-deal-promises-biden-s-agriculture-secretary-says
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Confidence that China will keep buying U.S. farm goods supports export demand expectations, though the stated risk of disruption adds uncertainty for prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-01-15 | [Secretary Perdue: China Phase I Deal is a Bonanza for American Agriculture](https://feedsoft.ai/events/54947-secretary-perdue-china-phase-i-deal-is-a-bonanza-for-american-agriculture.md) | +0.3% | -2.4% |
| CORN | 2026-06-01 | [Latest U.S.-China Agriculture Talks Expand Purchasing Pledges Beyond Soybeans](https://feedsoft.ai/events/14569-latest-u-s-china-agriculture-talks-expand-purchasing-pledges-beyond-soybeans.md) | -5.0% | -5.7% |
| CORN | 2022-11-29 | [Removal of China’s domestic price trade barriers could increase China’s imports of agricultural commodities - High Plains Journal](https://feedsoft.ai/events/14880-removal-of-china-s-domestic-price-trade-barriers-could-increase-china-s-imports.md) | -3.8% | +0.6% |
| CORN | 2023-02-14 | [Secretary Naig Calls on EPA to Accelerate Biofuel Growth and Protect Congressional Intent in Final RFS Rule \| Iowa Department of Agriculture and Land Stewardship](https://feedsoft.ai/events/15331-secretary-naig-calls-on-epa-to-accelerate-biofuel-growth-and-protect.md) | -0.8% | -5.8% |
| CORN | 2026-10-02 | [US and China Unveil $30 Billion Tariff-Cut Framework for Agricultural Exports - Beijing Post](https://feedsoft.ai/events/4457-us-and-china-unveil-30-billion-tariff-cut-framework-for-agricultural-exports.md) | -1.6% | -7.0% |
| SOY | 2020-01-15 | [Secretary Perdue: China Phase I Deal is a Bonanza for American Agriculture](https://feedsoft.ai/events/54947-secretary-perdue-china-phase-i-deal-is-a-bonanza-for-american-agriculture.md) | -1.6% | -3.9% |
| SOY | 2026-06-01 | [Latest U.S.-China Agriculture Talks Expand Purchasing Pledges Beyond Soybeans](https://feedsoft.ai/events/14569-latest-u-s-china-agriculture-talks-expand-purchasing-pledges-beyond-soybeans.md) | -5.0% | -4.5% |
| SOY | 2026-06-03 | [All signs point to China sticking with US soy deal, Vaden says \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14573-all-signs-point-to-china-sticking-with-us-soy-deal-vaden-says-agri-pulse.md) | -4.4% | -3.3% |

## Sources

- cnbc.com: https://www.cnbc.com/2021/02/25/china-living-up-to-trade-deal-promises-bidens-agriculture-secretary-says.html

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