Xi and Trump summit may yield limited farm trade deal
China and the U.S. may reach a farm deal at this week's summit to expand grain and meat trade. Analysts expect limited soybean gains due to weak demand.
Xurve View
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Xurve View
United States President Donald Trump and China President Xi Jinping may reach a farm purchase agreement during their summit on May 14. The deal targets grain and meat exports to expand Beijing's $4.5 billion 2024 purchase volume for non-soybean products. Investors are watching for confirmation of a 25 million metric ton annual soybean commitment through 2028.
