{"id":379914,"date":"2025-12-31T14:30:11","date_gmt":"2025-12-31T14:30:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/379914\/"},"modified":"2025-12-31T14:30:11","modified_gmt":"2025-12-31T14:30:11","slug":"china-reaches-8-mmt-of-us-soybeans-purchased-in-2025","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/379914\/","title":{"rendered":"China Reaches 8 MMT of US Soybeans Purchased in 2025"},"content":{"rendered":"

Bloomberg\u2019s Hallie Gu and Michael Hirtzer reported<\/a> that \u201cChina has bought at least 8 million tons of US soybeans this year, according to people familiar with the matter, putting the world\u2019s top importer on track to meet a pledge it made two months ago as part of an apparent trade truce with Washington.\u201d<\/p>\n

\u201cState-owned buyers have continued to book US cargoes into late December, the people said, asking not to be named as they are not authorized to discuss the purchases,\u201d Gu and Hirtzer reported. \u201cThat extends a buying spree that began in October and maintains a pace that has reassured American exporters, otherwise wary that Beijing\u2019s commitment might slip amid limited visibility and unclear deadlines. The shipments booked so far are mostly for loading between December and March, the people said.\u201d<\/p>\n

\"\"U.S. Army Photo by Sgt. Mikki L. Sprenkle<\/p>\n

\u201cThe White House said immediately after talks between President Donald Trump and Chinese counterpart Xi Jinping that China had pledged to buy at least 12 million tons of US soybeans by the end of this year,\u201d Gu and Hirtzer reported. \u201cUS officials later clarified the deadline was in fact the end of February. Beijing has not confirmed the commitment, but the Chinese government has moved to reduce tariffs on the crop and lifted import bans on three American exporters.\u201d<\/p>\n

\u201cThe return of Chinese buyers is welcome news for US exporters, and a reminder that buying patterns can change fast \u2014 but it is not yet a full reset,\u201d Gu and Hirtzer reported. \u201cEven as Beijing takes US shipments, state-owned firms have bought large quantities of beans from Brazil and Argentina, the people said. Commercial buyers in particular have stayed on the sidelines when it comes to US purchases.\u201d<\/p>\n

US Soybeans Yet to Actually Arrive in China<\/p>\n

Reuters\u2019 Ella Cao and Lewis Jackson reported<\/a> that \u201cChina imported no soybeans from the United States for a third straight month in November, as buyers turned to South American supplies amid fears of a shortfall if the trade war with Washington dragged on.\u201d<\/p>\n

\u201cFollowing a trade truce in late October, China has stepped up purchases of U.S. cargoes, with traders saying that more than 7 million metric tons have been purchased since then,\u201d Cao and Jackson reported. \u201cIn late November, Reuters reported, citing a shipping schedule, that two cargo vessels would carry the first U.S. soybean shipments to China since May. As these cargoes have not yet arrived, they do not appear on the customs website.\u201d<\/p>\n

Soybean Buying Deadline Now End of the \u2018Growing Season\u2019<\/p>\n

CNBC\u2019s\u00a0Dan Mangan and Garrett Downs reported earlier in December<\/a>\u00a0that \u201cU.S. Trade Representative Jamieson Greer told a Senate Appropriations subcommittee on Tuesday that the deadline for China to buy 12 million metric tons of soybeans from American farmers was not the end of December as the White House has said, but the end of the \u2018growing season.\u2018\u201d<\/p>\n

\u201cGreer said there was a \u2018discrepancy\u2019 in what the White House has described as the deadline and the actual deadline for the purchases to be completed,\u201d Mangan and Downs reported. \u201cThe most recent growing season for soybeans ended in November, according to the U.S. Department of Agriculture.\u201d<\/p>\n

\u201cCNBC asked Greer\u2019s office whether there is a hard or rough deadline for China to reach 12 million metric tons of purchases, as agreed to as part of a trade deal with President Donald Trump in October,\u201d Mangan and Downs reported. \u201cAn official familiar with the issue said, on Thursday, that the deadline for soybean purchases with China has not changed.\u201d<\/p>\n

\u201c\u2018The reference to growing season refers to the fact that soybean sales for a growing season typically happen between September to March of the next year \u2014 that is what we are seeing now,\u2019 the official said,\u201d according to Mangan and Downs\u2019 reporting. \u201c\u2018The Fact Sheet conveys that we expect China\u2019s purchases to take place largely during the last two months of this year, even if the actual shipments would not take place until later in the sales period for the growing season.\u2019\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Bloomberg\u2019s Hallie Gu and Michael Hirtzer reported that \u201cChina has bought at least 8 million tons of US…\n","protected":false},"author":2,"featured_media":379915,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[23,3,21,19,22,20,25,24],"class_list":["post-379914","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-states","tag-america","tag-news","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-usa"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/379914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=379914"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/379914\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/379915"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=379914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=379914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=379914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}