**Exclusive: China Buys Three U.S. Soybean Cargoes Ahead of Trump-Xi Meeting, Sources Say**
*By Ella Cao and Naveen Thukra | Reuters | October 29, 2025*
China’s state-owned company COFCO purchased three U.S. soybean cargoes this week, according to two trade sources. This marks the country’s first purchases from this year’s U.S. harvest ahead of the upcoming summit between leaders Donald Trump and Xi Jinping.
COFCO bought approximately 180,000 metric tons of soybeans for shipment in December and January through Pacific Northwest port terminals, the sources added.
COFCO did not immediately respond to a Reuters request for comment.
Benchmark Chicago soybean futures prices jumped this week to their highest levels in 15 months. The rise came as prices rebounded from recent five-year lows on hopes for a U.S.-China trade deal.
*Excerpt from Reuters. Read more at msn.com.*
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