WASHINGTON, D.C. (RFD NEWS)— There are new developments in U.S.-China trade, as the White House has now set a new date for a key meeting between President Donald Trump and Chinese President Xi Jinping.
Officials say the two leaders will meet in Beijing on May 14-15. The original trip was postponed so Trump could remain in Washington and monitor the war with Iran.
The White House also says China’s president is expected to visit Washington later this year, signaling continued dialogue between the two countries.
For agriculture, the meeting is seen as a potential turning point, with markets watching closely for any signals on trade, exports, and future purchasing commitments.
Related Stories
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.
A strong corn export pull is supportive of bids; soybeans need steady vessel programs or fresh sales to firm cash.
USDA will meet part of November SNAP benefits under court direction, citing insufficient funds for full payments.
An import lag for ground beef will likely look different than last year’s egg shortage. The difference comes down to biosecurity and market flexibility.
China’s crusher losses and Brazil tensions, Gale warns, could reopen critical soybean trade channels for U.S. producers.
