LUBBOCK, TEXAS (RFD NEWS) — U.S. agriculture received new market-access signals from the Trump-Xi summit, but producers will still be watching for actual sales and shipments. The White House says China will purchase at least $17 billion per year in U.S. agricultural products in 2026, 2027, and 2028, in addition to earlier soybean commitments.
Reuters reports the $17 billion pledge does not include China’s October 2025 soybean commitments. Those earlier commitments called for China to buy at least 25 million metric tons of U.S. soybeans in each of 2026, 2027, and 2028, equal to about 919 million bushels per year.
The agreement also includes access to beef and poultry. The White House says China renewed expired listings for more than 400 U.S. beef facilities, added new listings, and agreed to work with U.S. regulators to lift remaining suspensions. China also resumed poultry imports from U.S. states that the USDA considers free of highly pathogenic avian influenza.
Last November’s agreement suspended retaliatory tariffs on U.S. farm goods, including chicken, wheat, corn, cotton, sorghum, soybeans, pork, beef, fruits, vegetables, and dairy.
China says some summit agreements are still preliminary, so export sales reports will be the proof.
New details are emerging from President Trump’s trip to China, with the administration highlighting a series of agricultural trade commitments that officials say could benefit U.S. farmers and ranchers.
According to Agriculture Secretary Brooke Rollins, China confirmed $17 billion in new agricultural purchase commitments during the trip, in addition to a prior soybean agreement. Rollins also announced that China will resume imports of U.S. poultry and renew licenses for more than 400 U.S. beef facilities, reopening access for certain beef products.
Shaun Haney, host of RealAg Radio, joined us on Monday’s Market Day Report to discuss how the new trade developments are being viewed across the agriculture sector and what they could mean for producers moving forward.
In his conversation with RFD News, Haney discussed whether the latest announcements change perceptions surrounding the U.S.-China meeting and how renewed trade activity could impact farmer sentiment and market outlooks heading into 2026. He also addressed the recent market rally and what producers may be watching most closely as additional details emerge.
Haney said questions still remain surrounding the long-term direction of U.S.-China relations and what additional developments could follow in the weeks ahead as both countries continue negotiations.