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Soybeans

Soybeans
The latest news, analysis and opinion on Soybeans. In-depth analysis, industry insights and expert opinion.
A farmer harvests soybeans in Faribault, Minnesota, in May 2025. Photo: TNS
US-China relations

China buys at least 10 more cargoes of US soybeans, traders say

These are the latest in a flurry of purchases ahead of President Xi Jinping’s expected US visit in September.

China-Latin America relations

Cuban spy-base allegations, new Trump tariffs: 7 Latin America relations reads

US-China relations

Chinese buyers acquire US soybeans for October-November, traders say

China-Latin America relations

Brazil turns to China trade deal after Trump tariffs, as years of resistance end

Xi and Lula agree to fast track Mercosur trade talks, endorsing a deal Brasilia fought to bury when Uruguay first proposed it.

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Chinese President Xi Jinping (left), seen here with Brazilian President Luiz Inacio Lula da Silva in Brasilia, Brazil, in November, 2024. The pair have agreed to accelerate negotiations for a trade agreement between China and Mercosur. Photo: Xinhua
China-Latin America relations

China vows to defend Brazil’s sovereignty as Trump’s 25% tariff bites

Wang Yi tells Brazilian foreign minister Beijing backs Brazil’s sovereignty, and asks for support on ‘China’s own core interests’ in return.

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China-Latin America relations

Brazil widens lead over US in China’s soybean market despite Trump-Xi deal

China’s Brazilian soybean imports up 13.7 per cent in June compared to a year earlier; US figures fell 20.6 per cent over the same period.

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US-China trade war

Is China’s biggest daily US soybean order confirmation of Xi-Trump summit pact?

The 472,000 tonnes sold were the most in a single day since November and a ‘positive signal’ of Beijing’s intentions, analysts said.

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Chinese buyers committed to 200,000 tonnes of new-crop soybeans from the US, according to USDA data to the end of June. Photo: AP
US-China trade war

US farm chief says reliance on China threatens American ‘freedom’

Agriculture secretary’s warning comes as tariffs weigh on China trade and Hormuz disruptions drive up fuel and fertiliser costs.

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2026 Xi-Trump summits

‘We want teeth in it’: US farmers wary of Xi-Trump pledge without signed deal

American growers welcome China’s renewed buying commitments, but vague terms and tariff concerns cloud optimism.

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China food security

How China and Kazakhstan plan to boost food security through trade

The agreement highlights Beijing’s push to rewire agricultural supply chains, as it seeks to reduce vulnerability in global markets.

Kazakh Agriculture Vice-Minister Yermek Kenzhekhanuly and Liu Huanxin, head of China’s National Food and Strategic Reserves Administration, agree to launch a joint grain-trading platform to bolster food security. Photo: gov.kz
2026 Xi-Trump summits

China to purchase at least US$17 billion of US agricultural goods, White House says

The agreement was struck at the recent summit between US President Donald Trump and Chinese President Xi Jinping, according to US fact sheet.

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US President Donald Trump listening to a speech by Chinese President Xi Jinping at a state banquet at the Great Hall of the People in Beijing, China, last week. Photo: Reuters
2026 Xi-Trump summits

China, US agree to establish trade, investment councils after Xi-Trump summit

The world’s two biggest economies also agree to roll back tariffs, deepen investment and establish a new board to manage disputes.

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2026 Xi-Trump summits

Bought the farm? Details still fuzzy on scope of US-China agriculture deal

China granted five-year export licenses to 77 US beef facilities, while renewing expired licenses of 425 other plants for another five years.

China economy

Outside In | Prepare for ‘China shock 3.0’ to the global food economy

Imagine China applying the same industry policy playbook for electric cars, solar panels and AI to agriculture and food self-sufficiency.

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A worker checks rice seedlings on vertical racks at an intelligent rice seedling factory on April 2 in Changsha, Hunan province. Photo: China News Service via Getty Images
US-China trade war

US-China trade talks: what to expect as senior officials meet in Paris

Both sides have short-term incentives to maintain their ‘trade truce’ so they can focus on dealing with domestic issues, analysts say.

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US Treasury Secretary Scott Bessent, left, shakes hands with Chinese Vice-Premier He Lifeng during trade talks in Geneva, Switzerland, last year. The two officials are set to lead another round of talks in Paris this weekend. Photo: Reuters
US-China trade war

Trump’s tariff wars reshaped US-China trade – at what cost to American firms?

US exporters lost tens of billions of US dollars in sales to China in 2025, economist says.

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China food security

Explaining China’s 2026 rural blueprint

SCMP Plus annotates the No 1 document released by the Communist Party’s Central Committee and State Council setting out key rural policies for the year.

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US-China relations

As Bessent tips next US-China trade talks, analysts see Trump-Xi meeting prep

Treasury Secretary Bessent confirms preparations for high-level dialogue, with analysts expecting a focus on specific transactional wins over a relationship reset.

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US Secretary of the Treasury Scott Bessent speaks in the Oval Office of the White House in December. Photo: Getty Images
China consumption

China failed to hit 2025 soybean meal dependence target. US deal makes it harder

Beijing sees soybeans as the agricultural industry’s biggest vulnerability, while plans to cut their use in animal feed have little success.

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China food security

China signals strong soybean imports – what does it mean for food security?

Beijing also vows broader agricultural opening while safeguarding domestic production and farmers.

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US-China trade war

Trump sells tariffs as farmers’ win in Iowa, but many aren’t buying it

As US president courts rural voters before midterms, growers fear Beijing may retaliate against Trump policies by curbing purchases again.

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Arkansas soybean farmer Randall Shelby says renewed US-China tensions risk pushing already struggling growers deeper into the red. Photo: Randall Shelby
US-China relations

Bessent cites trade progress after meeting China’s He Lifeng in Davos

US Treasury chief says rare earths are flowing and China is buying soybeans as talks move towards an April Trump-Xi meeting.

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US Treasury Secretary Scott Bessent attends the 56th annual World Economic Forum meeting in Davos, Switzerland, on Tuesday. Photo: Reuters
US-China relations

China buys two-thirds of pledged US soybeans as 2025 closes

Beijing has moved to reduce tariffs on the crop and lifted import bans on three US exporters after talks between Xi and Trump.

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China food security

What does future hold for Brazil, US in China’s soybean balancing act?

The two countries remain top suppliers, but efforts to promote self-sufficiency are set to reduce reliance on imports.

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Scott Bessent

Trump’s Treasury Secretary Bessent says he has divested his soybean farm

Move comes after a US ethics watchdog said that Bessent had not fully complied with his pledge to avoid potential conflicts of interest.

US Treasury Secretary Scott Bessent. Photo: AFP
US-China relations

Soybean pain, Xi-Trump talks, ICE death, Hasan Piker: 7 US-China relations reads

From a US influencer’s China controversy to trade war updates, here are highlights from the SCMP’s overseas correspondents in November 2025.

A crop scout collects soybean samples in the Midwestern US in August. American soybean farmers have been struggling for years due to various factors, but US President Donald Trump’s trade war has pushed many to breaking point. Photo: Reuters
China food security

‘Impossible to achieve’: why China can’t grow enough soybeans to feed itself

The shift from soybean exporter to world’s top buyer has reshaped global markets and forced Beijing to confront new security risks.

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US-China relations

US soybean futures rebound on signs China is ramping up purchases

Prices in Chicago rose as much as 3.2 per cent on Monday, a 17-month high, after Trump said China is in the process of buying soybeans.

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