US to FINALLY Ship Soybeans to China + Farm Aid Package Update

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🇨🇳🚢 China to Resume Shipments of US Soybeans & Sorghum

Two Chinese vessels are scheduled to arrive at grain terminals near New Orleans this week to load US soybeans — the first such shipments since May. Another vessel is expected in Corpus Christi next week to load sorghum, marking the first sorghum shipment to China since March.

These movements follow increased Chinese purchasing after the late-October trade truce in South Korea. According to the Trump administration, China has agreed to buy 12mmt of US soybeans by January and 25mmt annually over the next three years. China has not yet officially confirmed the deal.

🌱📈 Fresh US Soybean Sales to China

China resumed buying on Monday. USDA reported:

• 123,000mt (5 million bushels) sold for 2025/26

• 1.92mmt (71 million bushels) purchased so far in November

With 25 business days left in 2025, China must average 402,440mt/day to hit the targeted 12mmt.

📊 See updated China Soybean Purchase Tracker below.

🚢🌎 US Export Inspections (Week Ending Nov 20)

Soybeans:

• 799,042mt (29mb)

• Down 34% vs. last week, down 62% vs. last year — still disappointing

Corn:

• 1.6mmt (64mb)

• Down 21% from last week but up 62% vs. last year

Wheat:

• 474,530mt (17mb)

• Up 92% vs. last week and up 30% vs. last year

📊 See soybean and corn export inspection charts below.

📞🇺🇸 Trump–Xi Phone Call

President Trump says the call covered Chinese purchases of US soybeans and other ag goods. He described the trade truce as a “great deal” for US farmers. China’s Foreign Affairs Ministry said all elements of the agreement are being implemented.

The two leaders agreed to meet in person — first in April in Beijing, then later in the US.

📷 See Trump’s Truth Social post below.

💵🚜 More Farmer Aid Expected

USDA Secretary Brooke Rollins says details of the long-discussed farmer assistance package will be released within the next two weeks. The Farm Bureau welcomed the update, calling aid “urgently needed”.

Rollins also indicated that China will formally confirm its soybean purchase commitments within the next few weeks.

🌧️🌽 China Corn Market: Prices Hit 2-Month High

Chinese corn futures have rallied due to:

• Excessive rains damaging crops in major northern regions

• Slow farmer selling

• Government import restrictions keeping foreign corn out

Through October, China’s corn imports totaled less than 1mmt, down 93% from last year.

📊 See chart comparing US vs. China corn futures (YTD). The CME corn contract trades roughly 4–6x the daily volume of the DCE corn contract.