Soybeans regain ground as China-U.S. truce assessed

게시됨 2025년 11월 6일

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Chicago soybeans rose on Wednesday to recover some of the previous session’s losses, as Beijing’s confirmation that it was cutting tariffs on U.S. farm goods put attention back on a trade truce between the countries. Gains remained capped by the lack of large Chinese purchases of U.S. crops since the truce, as well as wider losses in financial markets. Chicago wheat and corn were little changed. China will suspend retaliatory tariffs on U.S. imports following last week’s meeting of their two leaders, Beijing confirmed on Wednesday, but imports of U.S. soybeans will still face a 13% tariff. The news spurred some gains for futures, shifting the focus back to what U.S. officials have cited as a pledge by Beijing to buy tens of millions of metric tons of U.S. beans, including 12 million over November and December, under last week’s truce. But there was still widespread scepticism about such demand, particularly after market sources on Monday said Chinese soybean importers have stepped ...

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