The President of the United States, Donald Trump, will unveil a plan to help North American farmers $12 billion as already mentioned, affected by its business policy Reuters based on an official of the White House.
It is worth remembering that the tariffs that Trump imposed on China, in the midst of important harvests, led the Asian giant to stop buying North American soybeans in retaliation. This began to partially reverse after the meeting that the US President and his Chinese counterpart Xi Jinping held in South Korea last month. There the USA announced that China had committed to purchasing 12 million tonnes. Of this volume, 2,713,000 sales were confirmed to the Asian giant on Friday. However, the market considered the trading level insufficient and ended the week with a loss of 2.86% at US$406.11 per tonne last Friday on the Chicago Stock Exchange.
In this context it is said ReutersWashington was expected to announce aid worth up to $15 billion last October. He stated that the Minister of Agriculture, Brooke Rollins He explained at the time that the 43-day federal government shutdown had delayed the announcement. BloombergNewswhich was first to announce the amount of aid, said livestock and grain producers will attend the meeting at the White House. That will be today.
Earlier, Reuters had pointed this out in a telegram Prices fell 6% from 17-month highs reached in November last year. The reason for this is speculation that China is not buying enough soybeans.
In another report, the news agency said China’s soy imports reached their highest level since 2021 in November, driven by strong buying in Brazil, the world’s largest producer, and the resumption of shipments from the United States.
“The world’s largest soybean buyer brought in 8.11 million tons in November, the General Administration of Customs said, up 13.4% from last year’s 7.15 million tons.” he pointed out. Meanwhile, he specified that in the first eleven months of 2025, total Chinese soybean purchases increased by 6.9% year-on-year to 103.79 million tons.
Regardless of November’s performance, placement for the month was down 14.5% compared to October. “Soybean imports in November were slightly below our expectations,” said Rosa Wang, an analyst at Shanghai-based agricultural consultancy JCI.
In a report last Friday, the broker reported seeds He said soybeans ended the week in Chicago as a “direct result of operators’ disillusionment with the quiet pace reflected in Chinese purchases in the United States and the noise generated by statements from U.S. officials in recent days, which added to operators’ uncertainty.”
“In fact, the Chinese purchases in small quantities were added to the Finance Minister’s statements on Wednesday. Scott Bessent, The deadline for the 12 million tonnes, which had to be negotiated by the end of the year, is now postponed to February.”
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