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Xi Trump summit could unlock farm deals but soy demand is a letdown for China
International
Published on 12 May 2026
Soybeans are unlikely to surge despite summit hopes
Market watchers expect a farm deal at the upcoming U.S.-China summit that may expand Beijing’s purchases of grains and meat. Yet analysts say big new soybean purchases are unlikely beyond last October’s agreement, citing weak domestic demand and cheaper substitutes. Attention is shifting to possible commitments for corn, sorghum, milling wheat, beef, and poultry.
- A U.S.-China farm deal is widely anticipated at the summit
- Soybean purchases likely won’t jump sharply beyond last October
- Weak demand and cheaper alternatives are key constraints
- Potential gains may instead target corn sorghum wheat and meat
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times