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U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer urged Chinese Vice Premier He Lifeng to fulfill agricultural-purchase and other commitments made at the Busan meeting. Soybean futures initially rose following the call but later gave up their gains as traders weighed the prospect of Chinese buying against expectations for a larger U.S. crop.
If China follows through on its purchase pledges, export demand for U.S. soybeans could strengthen and support prices. Expectations for increased U.S. production are a countervailing bearish influence.
qz.comCris TolomiaNov 9, 2026After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% 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.
