Subject: About that promise to buy soybeans
First, a trip in the wayback machine:
🇨🇳China will purchase at least 25 million metric tonnes of U.S. soybeans in each of 2026, 2027, and 2028 🌱
Source: White House (2025-11-01)
Reality?
ZERO confirmed tonnes of Soybeans have been sold to China for the 2026/2027 Marketing Year🤷♂️
So is this promise by China to buy 25 million tons of soybeans this year, simply a promise to buy the same beans they promised to buy last year, but didn’t?