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Ahead of the Trump-Xi summit in Shenzhen, US officials urged China to honor previous commitments on agricultural purchases and rare-earth exports during a call with Vice-Premier He Lifeng. Beijing separately pressed Washington to implement reciprocal tariff cuts on $30 billion of products per side, tying that to further purchases of US farm goods.
The dispute puts prospective Chinese purchases of US agricultural products at risk or in play, depending on whether the two sides reach agreement. Any delay could weigh on US export demand; a deal could support prices for export-oriented commodities.
scmp.comNayan SethNov 11, 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.
After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
Not enough comparable past events yet for a historical read.
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.
