Rollins: U.S.-China Soybean Deal Spurs Big Buy from Bangladesh

According to Ag Secretary Brooke Rollins, the top three soy-crushing companies in Bangladesh agreed to buy $1 billion worth of U.S. soybeans over the next year.

WASHINGTON, D.C. (RFD-TV) — Following last week’s trade agreement between the United States and China, where China pledged to buy American soybeans over the next three years, more countries are following suit.

According to a Tuesday morning tweet from Ag Secretary Brooke Rollins, the top three soy-crushing companies in Bangladesh have agreed to purchase another $1 billion worth of U.S. soybeans over the next year.

According to Rollins, this new deal accounts for three times the amount of soybeans Bangladesh purchased from the U.S. previously in 2024.

“AMERICA MEANS BUSINESS! Following up on President Trump’s historic trade deal with China, other countries are lining up to buy American soybeans! Today, Bangladesh’s top three soy crushing companies agreed to purchase $1 billion of U.S. soybeans over the next year. That’s 3 times more U.S. soybeans than Bangladesh purchased in 2024! Thank you @POTUS for leading the way and promoting U.S. agriculture globally! We will continue to aggressively open up markets for U.S farmers across the globe.”
U.S. Secretary of Agriculture Brooke Rollins on X
Related Stories
Cattle markets are watching the Cattle-on-Feed Report for signs of tighter supplies, while USMEF warns limited China access is cutting producer profits.
Weather-driven transportation disruptions can tighten logistics, affect basis levels, and delay grain movement during winter months.
USDA Undersecretary Luke Lindberg outlines the Farm Bridge Assistance Program and responds to calls from lawmakers and ag leaders for more assistance and expanded trade opportunities for farmers.
Callahan is no stranger to agricultural trade and has been with the U.S. Trade Representative’s office since 2016.

Marion is a digital content manager for RFD News and FarmHER + RanchHER. She started working for Rural Media Group in May 2022, bringing a decade of digital experience in broadcast media and some cooking experience to the team.

LATEST STORIES BY THIS AUTHOR:

Fertilizer markets face uncertainty after President Trump raised the possibility of tariffs on Canadian imports, with analysts warning of supply and pricing risks. Josh Linville with StoneX provides a fertilizer industry outlook.
A new study found that retaining the EPA’s half-RIN credit protects soybean demand, farm income, and crushing-sector strength while preserving biofuel market flexibility.
Western Caucus member Rep. Bruce Westerman (R-AR) details the SPEED Act on Champions of Rural America. The legislation aims to reform NEPA, streamline permitting, and expand domestic energy development.
“I’m not sure where this bridge goes,” trader Brady Huck with Advanced Trading told RFD-TV News earlier this week.
CoBank’s 2026 Year Ahead Report cites global grain oversupply, easing inflation, rate cuts, and major data center growth that could reshape rural America.
American Farm Bureau Federation (AFBF) economist Danny Munch joined us on Thursday’s Market Day Report to break down the scope of the U.S. Christmas Tree industry and what growers are up against.