# Bessent, Greer issue statements on call to China on ag purchases

> Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer said they spoke with Chinese Vice Premier He Lifeng about China’s commitments to buy U.S. agricultural products and other goods. China has said it will expand U.S. farm purchases only if Washington makes reciprocal tariff cuts.

- Date: 2026-11-07 · published 2026-11-07T15:13:43.091Z
- Category: trade · region United States and China · magnitude medium
- Page: https://feedsoft.ai/events/86197-bessent-greer-issue-statements-on-call-to-china-on-ag-purchases
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Whether the commitments translate into additional purchases depends on tariff negotiations, leaving U.S. export demand uncertain. Any resulting change in Chinese buying could affect U.S. grain and oilseed prices.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-04-25 | [The U.S.-China Phase 1 Trade Agreement— Purchases of goods and services by China continue to lag dramatically behind commitments - WITA](https://feedsoft.ai/events/47454-the-u-s-china-phase-1-trade-agreement-purchases-of-goods-and-services-by-china.md) | +13.6% | +6.9% |
| CORN | 2021-04-27 | [US-China phase one tracker: China’s purchases of US goods - WITA](https://feedsoft.ai/events/47449-us-china-phase-one-tracker-china-s-purchases-of-us-goods-wita.md) | +4.7% | -1.2% |
| CORN | 2026-07-22 | [China's US Ag Purchases Slightly Lag, But Year-End Target \| NewsFormal](https://feedsoft.ai/events/14566-china-s-us-ag-purchases-slightly-lag-but-year-end-target-newsformal.md) | +0.7% | +0.1% |
| CORN | 2019-09-13 | [China's soybean purchase keeps rally alive](https://feedsoft.ai/events/10854-china-s-soybean-purchase-keeps-rally-alive.md) | +3.9% | +5.5% |
| CORN | 2023-09-08 | [Ag groups want to decrease reliance on China \| Feed & Grain](https://feedsoft.ai/events/34092-ag-groups-want-to-decrease-reliance-on-china-feed-and-grain.md) | -1.3% | -5.3% |
| SOY | 2021-04-25 | [The U.S.-China Phase 1 Trade Agreement— Purchases of goods and services by China continue to lag dramatically behind commitments - WITA](https://feedsoft.ai/events/47454-the-u-s-china-phase-1-trade-agreement-purchases-of-goods-and-services-by-china.md) | +2.0% | -0.9% |
| SOY | 2020-03-23 | [Agencies Cite China Moves on Phase One Agreement](https://feedsoft.ai/events/53998-agencies-cite-china-moves-on-phase-one-agreement.md) | +2.2% | -4.2% |
| SOY | 2021-04-27 | [US-China phase one tracker: China’s purchases of US goods - WITA](https://feedsoft.ai/events/47449-us-china-phase-one-tracker-china-s-purchases-of-us-goods-wita.md) | -0.6% | -2.9% |

## Sources

- thefencepost.com: https://www.thefencepost.com/news/bessent-greer-issue-statements-on-call-to-china-on-ag-purchases/

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