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Benzinga
Benzinga
Business
Eva Mathew

Trump Promises To Make Soybeans 'Great Again,' Farmers Await Breakthrough With China

Donald Trump China Xi Jinping United States
Soybean,Agriculture.,Farmer,Touching,Soybean,Grains,Close-up.,Agriculture,Business,Soy

Soybean futures rose as much as 1.9% on Wednesday to clock the biggest intraday move since Aug. 21, as President Donald Trump said he would confront Chinese President Xi Jinping this month over the purchase of American soybeans.

Trump said he would meet Xi at the upcoming Asia-Pacific Economic Cooperation summit, where soybeans would be “a major topic of discussion.”

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