• Trump asks China to buy more U.S. soybeans
  • China-US tariff truce deadline looms
  • Analysts say quadrupling soybean orders is ‘highly unlikely’

Aug 10 (Reuters) - U.S. President Donald Trump on Sunday urged China to quadruple its soybean purchases ahead of a key tariff truce deadline, sending Chicago soybean prices higher, though analysts were quick to question the feasibility of any such deal.

In a late night post on Truth Social, Trump said China was worried about a shortage of soybeans and he hoped it would quickly quadruple its soybean orders from the U.S.

  • Mike D.
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    92 months ago

    Sounds like market manipulation. Who bought soybean futures before the announcement?