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Soybeans

Soybeans
The latest news, analysis and opinion on Soybeans. In-depth analysis, industry insights and expert opinion.
Harvesters in a soybean field in northeastern China’s Heilongjiang province in September. Photo: Xinhua
China food security

China enlists AI in soybean hunt, but self-sufficiency unlikely any time soon

New platform is China’s latest effort to improve home-grown soybean varieties and reduce reliance on imports.

China trade

Fearing deflated China demand, US soybean growers pivot to new buyers, biofuel

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US-China relations

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

China-Latin America relations

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

From global soybean market updates to China’s best trade partners, here are highlights from the SCMP’s foreign correspondents in July 2026.

The Havana Capitol is seen reflected in a puddle on July 11. Photo: AFP
US-China relations

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

The ‌sales volume of at least 840,000 tonnes was among China’s largest single-day purchases this month.

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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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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Brazilian Foreign Minister Mauro Vieira (centre, left) and Chinese Foreign Minister Wang Yi (centre, right) meet on the sidelines of the Asean foreign ministers' meeting in Manila, the Philippines, on Thursday. Photo: Xinhua
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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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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US Agriculture Secretary Brooke Rollins testifies before the House Agriculture Committee on Capitol Hill. Photo: AP.
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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The Burrier family farm in Frederick County, Maryland, where David Burrier says agricultural trade with China remains critical despite years of tariffs and uncertainty. Photo: Handout
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.

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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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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President Xi Jinping holds a welcome ceremony for US President Donald Trump, who is on a state visit to China, outside the Great Hall of the People prior to their talks in Beijing on May 14. Photo: Xinhua
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.

Imported soybeans from Brazil are seen in a cargo vessel at a port in Yantai, in China’s eastern Shandong province. Photo: AFP
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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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-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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US goods exports to China fell significantly in 2025, a victim of the trade war launched in April by US President Donald Trump. Photo: Reuters
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.

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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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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Austin Rohlfing harvests soybeans on his family’s field in Missouri. China is putting strategies in place to reduce its reliance on soybean in animal feed as 80 per cent is sourced from overseas, mostly the US and Brazil. Photo: AP
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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China has committed to buying at least 25 million tonnes of US soybeans annually through 2028, according to Washington. Photo: Reuters
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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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-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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A combine harvests a soybean field in Tracy, Minnesota, in October. Photo: TNS
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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Soybeans are loaded into a truck in Dwight, Illinois, in August. Photo: Getty Images
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-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.

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