"China has bought at least 8 million tons of US soybeans this year, according to people familiar with the matter, putting the world's top importer on track to meet a pledge it made two months ago as part of an apparent trade truce with Washington. State-owned buyers have continued to book US cargoes into late December, the people said, asking not to be named as they are not authorized to discuss the purchases."
"The White House said immediately after talks between President Donald Trump and Chinese counterpart Xi Jinping that China had pledged to buy at least 12 million tons of US soybeans by the end of this year. US officials later clarified the deadline was in fact the end of February. Beijing has not confirmed the commitment, but the Chinese government has moved to reduce tariffs on the crop and lifted import bans on three American exporters."
China has bought at least 8 million tons of US soybeans this year and state-owned buyers continued booking US cargoes into late December. The White House said China pledged to buy at least 12 million tons by year-end, and US officials later clarified the deadline was the end of February. Beijing has not publicly confirmed the commitment but cut tariffs on soybeans and lifted import bans on three American exporters. State purchases coexist with large Chinese buys from Brazil and Argentina, while commercial buyers largely remained on the sidelines. Brazil exported almost 80% of its soy to China in 2025, with exports through November up 16% year-over-year.
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