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FILE PHOTO: U.S. Treasury Secretary Scott Bessent speaks to the press, on the day of U.S.-China talks on trade, economic and national security issues, in Madrid, Spain, September 15, 2025. Photo: REUTERS/Violeta Santos Moura/File Photo
Markets, News, Reuters

China to buy 12 million metric tons of soybeans this season, Bessent says

By David Lawder, Maiya Keidan, Reuters 9 hours ago
U.S. Treasury Secretary Scott Bessent said on Thursday that China has agreed to buy 12 million metric tons of American soybeans during the current season through January and has committed to buying 25 million tons annually for the next three years as part of a larger trade agreement with Beijing.

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