(TNS) The U.S. said China has agreed to buy millions of tons of soybeans through 2028, providing some relief to U.S. farmers who have anxiously awaited the resumption of exports to the Asian nation.

China has agreed to buy at least 12 million metric tons of U.S. soybeans this season, and a minimum of 25 million tons annually over the next three years, U.S. Agriculture Secretary Brooke Rollins said in a post on X. She added that China would also remove “unwarranted tariffs” on most U.S. agriculture including soybeans.

The details confirmed earlier comments from Treasury Secretary Scott Bessent on Fox Business, which caused soybean futures to erase losses of as much as 2.2%. Futures were up 1.2% at $11.0725 a bushel as of 12:23 p.m. in Chicago.

President Donald Trump said earlier that Chi

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