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China Signs U.S. Agriculture Purchase Agreement in First Ceremony in Years

A delegation of commodity importers from China on Monday signed agreements to buy billions of dollars’ worth of agricultural goods, mostly soybeans, during a ceremony in Iowa, the U.S. Soybean Export Council (USSEC) said on Tuesday. The agreements, signed at the China-U.S. Sustainable Agricultural Trade Forum, were the first such bulk signings since 2017 between top soybean importer Beijing and the U.S., the world’s second-largest supplier of the oilseed. The deals also included corn, sorghum and wheat, the U.S. Soybean Export Council said.

Read more about China's ag purchase agreement here