China, US Discuss Corn Purchases Before Trump-Xi Summit, Eyeing Broader Crop Deal
Updated
Updated · Bloomberg · May 12
China, US Discuss Corn Purchases Before Trump-Xi Summit, Eyeing Broader Crop Deal
3 articles · Updated · Bloomberg · May 12
Chinese and US officials are negotiating purchases of American crops ahead of Donald Trump’s China visit this week, with a deal possible during the Trump-Xi summit.
Corn is at the center of the talks, according to traders briefed on the discussions, signaling a potential restart or expansion of agricultural trade between the two sides.
The negotiations also cover sorghum, distillers dried grains and soybeans — a key pillar of US-China farm trade — suggesting the package could extend beyond a single commodity.
Any agreement would give the summit an immediate commercial deliverable and could serve as an early marker of broader US-China trade engagement.
Is China's agricultural deal a true partnership or a strategic play for its own food independence?
As China pursues 'food immunity' with new tech, are massive US farm exports facing inevitable decline?