Trump to Announce $12 Billion Farmer Bailout

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US-China Trade Deal & Soybean Purchases:

* The US and China have announced a framework trade agreement that includes a deal regarding soybeans.
* China has agreed to purchase 12 million metric tons of US soybeans in the final two months of the current year and 25 million metric tons annually from 2026-2028. This level of purchase is comparable to pre-trade war levels.
* As of the end of october,China has already purchased approximately 2.2 million metric tons of US soybeans.

Image:

* The article includes a photo of a farmer harvesting cotton in Oklahoma in November 2025.