After meeting with Xi Jinping, President Donald Trump announced that China will again start buying soybeans from the United States, but the m

There was a meeting, as anticipated, between the President of the United States, Donald Trump, and his counterpart from China, Xi Jinping. In a game of high diplomacy filled with simulations, the rapprochement suggests that there will be a de-escalation in the trade war that both powers maintain. At least, in a chapter that interests us Argentines regarding the international soybean market, there were concrete signs when the Chinese leader promised to formally resume imports of soybeans of U.S. origin. According to Trump, China has committed to purchasing "large quantities of U.S. soybeans" and these purchases would begin "immediately," although the volumes and schedule of these operations were not specified. Some analysts speak of about 12 million tons for the remainder of this year, but nothing is confirmed. For that reason, following Trump's statements, soybean futures on the Chicago market (CBOT) reacted with a drop of up to 2%, reflecting the uncertainty of the operators ...