
U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer urged China to fulfill commitments under a trade agreement reached in Busan a year earlier. During a video call with Vice Premier He Lifeng, they highlighted agricultural purchases, rare earths and other critical minerals; China also raised concerns about recent U.S. trade restrictions.
Meeting the commitments could increase Chinese demand for U.S. agricultural goods, but no specific products or purchase volumes were announced, leaving the immediate price impact uncertain.
After 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.