The American Soybean Association (ASA) is celebrating a major milestone for U.S. agriculture following the recent announcement of a U.S.-China trade agreement that includes significant soybean purchases. This development marks a positive turn for U.S. soybean farmers who have faced years of uncertainty in global trade markets.
In a statement released last week, ASA President and Kentucky soybean farmer Caleb Ragland shared his optimism for the future of agricultural trade between the two nations. Ragland said,
“Today’s announcement is great news for American agriculture, and soybean farmers are extremely grateful to President Trump for making soybeans a priority in negotiations with China. This is a meaningful step forward to reestablishing a stable, long-term trading relationship that delivers results for farm families and future generations.”
According to the ASA, the agreement outlines Chinese purchases of U.S. soybeans totaling 12 million metric tons for the remainder of this marketing year. In addition, China has committed to purchasing 25 million metric tons annually through 2028, reinforcing a long-term commitment to American soybean exports.
The American Soybean Association noted that these commitments are described as minimum purchase levels, meaning that China could buy even more soybeans in the coming years. ASA officials view this as a strong signal of renewed demand and a pathway to restoring normal trade volumes.
“China has historically purchased 25 to 30 million metric tons of U.S. soybeans in recent years, and today’s commitments lay a strong foundation to return to those traditional volumes over the coming marketing years. ASA looks forward to continuing to work with the administration to ensure today’s positive developments lead to lasting market stability and stronger opportunities for U.S. soybean farmers.”
This agreement represents more than just numbers—it’s a crucial step toward rebuilding agricultural trade partnerships and ensuring market stability for America’s farm families. With expanded access to international markets, the ASA believes that U.S. soybean farmers are better positioned for growth, profitability, and a stronger future for generations to come.
Audio Reporting by Dale Sandlin for Southeast AgNet.