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U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer urged China to implement commitments made in a trade arrangement reached in Busan a year earlier. In a November 6 video call with Vice Premier He Lifeng, they emphasized agricultural purchases, rare earths and other critical minerals, and said progress would be assessed through concrete results.
If China follows through, increased agricultural purchases could support demand for U.S. farm commodities, but the report names no specific products or new purchase volumes, so the near-term price effect is uncertain.
theepochtimes.comDorothy LiNov 6, 2026After 1,802 past trade events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.7%), and +0.7% over 20.
After 1,982 past trade events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.3% to +1.6%), and +0.4% over 20.
After 977 past trade events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.8%), and +0.1% 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.
