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
Slightly higher output amid softer gasoline pull points to steady corn grind — watch regional stocks and export pace for basis clues.
Soybean farmer and Arkansas Lt. Gov. Leslie Rutledge highlights why the U.S. trade standoff with China is especially critical for Arkansas producers.
NEFB President Mark McHargue provides an update from the Husker State, where farmers are working hard to bring in one of the largest harvests in recent years.
President Donald Trump says a deal is nearly done on lowering beef prices, but he has not released details.
Large carryover stocks continue to put pressure on commodity prices, creating uncertainty for growers looking to market their grain.
Peel says Mexico has a much greater capability to expand its beef industry than it did 20 or 30 years ago in terms of its feeding and packing infrastructure.
Record crops are increasing grain storage needs, prompting safety experts to remind producers of the risk of grain bin entrapment during harvest.
The impacts of the government shutdown have reached commodity growers with crops to move, ag economists monitoring the harvest without key data reporting, and meat producers in need of new export markets.
In a statement provided to RFD-TV News, a USDA spokesperson reiterated President Trump and the USDA’s commitment to farmers in difficult economic times.

Marion is a digital content manager for RFD-TV and The Cowboy Channel. She started working for Rural Media Group in May 2022, adding a decade of experience in the digital side of broadcast media and some cooking experience to the team.

LATEST STORIES BY THIS AUTHOR:

Texas Cattle Feeders Association Chairman Robby Kirkland explains how the ongoing U.S.-Mexico border closure impacts feed yards that rely on Mexican cattle due to the New World Screwworm.
Highly Pathogenic Avian Flu (HPAI) cases are rising. In the last week, seven commercial turkey, duck, and egg layer flocks were culled across five Midwest states and California.
A SCOTUS ruling on Trump’s tariffs could have long-term implications on the authority of future administrations to control U.S. trade policy, according to RFD-TV legal expert Roger McEowen.
The first-ever “MICHELIN Guide to the American South” awards stars to top restaurants across Georgia, Louisiana, the Carolinas, and Tennessee, and pinpoints the region as a global food destination for the first time.
Livestock profits are propping up overall sentiment, but crop producers remain cautious amid tight margins and uncertain policy signals.
Wheat futures briefly hit a three-month high before retreating as the markets wait for word on whether the deal will actually happen.