Soy Sees Biggest Monthly Gain Since 2020 as China Buys Cargoes

Soybean futures notched their biggest monthly gain in almost five years as Beijing moves to boost purchases of American farm goods following a trade truce.

China bought at least four US soybean cargoes after a summit between President Donald Trump and his counterpart Xi Jinping. The cargoes are for shipment later this year and in early 2026, and the total volume is about 250,000 tons, said people familiar with the matter, asking not to be identified because they’re not authorized to speak to media. The soybeans will be shipped from the Pacific Northwest and US Gulf, they added.

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