Story perspectives
Brazil's Soybean Boom: Trump and Xi Face Trade Talks
10/15/2025
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Story summary
- China’s embargo on U.S. soybeans benefits Brazilian farmers, solidifying Brazil's status as the leading soybean exporter.
- In 2025, Brazil's soybean exports are projected to reach 110 million tons, offsetting losses from U.S. tariffs.
- President Donald Trump prepares for discussions with Xi Jinping at the APEC summit, as the embargo's lifting could alter trade.
- Brazilian farmers remain confident that their harvest will coincide with a decline in U.S. soybean supplies.
