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China Commits $17B, Buys Record 472k Tons US Soybeans

7/9/2026

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Story summary
  • China bought 472,000 tonnes of U.S. soybeans on July 9, 2026, the biggest sale since November.
  • Cofco Group booked at least six cargoes of U.S. soybeans for September-October 2026.
  • The White House said China will buy at least $17 billion of U.S. farm goods and 25 million tonnes of soybeans through 2028 after the May 2026 summit.