U.S. Officials Confident in China Soybean Deal After Trump–Xi Summit, Despite Slow Start

“U.S. officials say China’s soybean purchases will ramp up following President Trump’s summit with President Xi. The first 332,000 tons have shipped, but that’s only 3% of the 12-million-ton target. Competition from Brazil and China’s stockpiles are slowing progress, and critics question whether Beijing will fully deliver. Still, the Trump administration remains confident the deal will move forward.”