About that promise to buy soybeans

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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?

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