Key reversals capped a volatile week in grain markets after the Trump-Xi meeting ended without any official U.S.-China agriculture trade agreements.
Industry optimism had built ahead of the talks, but only verbal understandings emerged, leaving traders without the concrete deal announcements many had expected.
Curt Kimmel of AgMarket.Net said the week still brought surprise demand signals, including talk of Chinese beef purchases and an unexpected soybean meal sale to Italy.
That mix of unmet expectations and scattered buying news drove sharp swings in both directions, underscoring how sensitive grain prices remain to trade headlines.
After the market's 'avalanche of selling,' what will it take to restore confidence in agricultural trade?
Why did U.S. beef succeed at the summit when major grain deals failed to materialize?
With only verbal promises made, how can U.S. industries trust future trade commitments from Beijing?