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
Corn export pace remains the bright spot, but stable ethanol export demand remains a critical support for corn markets.
Rail consolidation could affect grain basis, freight rates, and service reliability across major producing regions.
Ag leaders say President Donald Trump’s State of the Union is unlikely to spark major agriculture headlines, but ongoing tariff uncertainty and trade policy remain key concerns, as does the debate around glyphosate and the status of the next Farm Bill.
Expanded global trade access boosts long-term export demand potential for U.S. ag products.
RFD Farm Legal & Tax expert Roger McEowen shares guidance on the 45Z Clean Fuel Production Credit, its impact on renewable energy and agriculture, and what producers should know moving forward.
Brooks York of AgriSompo discusses projected prices and how farmers are adapting their crop insurance strategies as the price discovery period comes to a close.

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:

ASFMRA’s Tony Toso joins us with an update on California farmland values, ongoing market uncertainty, and key discussions shaping agriculture in the Golden State.
Dr. Gold encouraged farmers and ranchers to prioritize eye safety in their daily routines, offering his expertise to help reduce risks on this week’s Rural Health Matters.
Dave Duquette, founder of Western Justice, joined us to discuss wolf management, rancher concerns, efforts to return control to the states, and his upcoming documentary, “Wolves: True Conflict.”
Citrus production depends heavily on reliable irrigation, making water shortages a critical issue for South Texas growers moving forward.
EPA Administrator Lee Zeldin, in consultation with the U.S. Department of Energy and under the Clean Air Act, approved the temporary measure to help stabilize fuel supplies and reduce costs for consumers.
As farmers and ranchers navigate rising input costs, lawmakers are considering a roughly $15 billion aid package to help, which would be tied to the spending bill for the war with Iran.