Posted 11/15/2025 05:46 (#11435243 - in reply to #11435186) Subject: RE: China is not buying
John Smith - 11/14/2025 22:57
Not really sure that China ever said that they were going to buy anything by January 1? When it was reported that they were buying “12 MMT this year”, I really think that was “12 MMT this marketing year”. As in, over the next 9 months.
One source :
“ The USDA report released after the government reopened showed only two Chinese purchases of American soybeans since the summit in South Korea that totaled 332,000 metric tons. That’s well short of the 12 million metric tons that Agriculture Secretary Brooke Rollins said China agreed to purchase by January and nowhere near the 25 million metric tons she said they would buy in each of the next three years.”
“ Beijing has yet to confirm any detailed soybean purchase agreement but only that the two sides have reached “consensus” on expanding trade in farm products. Ehmke said that even if China did promise to buy American soybeans it may have only agreed to buy them if the price was attractive.”