China has been purchasing U.S. soybeans on a weekly basis since late October, but volumes remain well below its pledged 12 million metric tons, according to the American Soybean Association.
CEO Stephen Censky said more than 2.7 million tons in reported sales to China have been tracked since the October talks, excluding shipments listed under unknown destinations and smaller deals below reporting thresholds. He noted that uncertainty persists over when the remaining purchases will be completed, as deadlines have shifted from the end of the year to potentially late February or early March.
Censky emphasized that timing is critical, warning that delayed buying could weigh on prices, while earlier purchases would likely support the market. Meanwhile, U.S. and Chinese officials continue negotiations toward a broader trade agreement, though industry leaders say they are still waiting for concrete details and a finalized deal.
