Soybean oil & Wheat
3 shared events · Importance 3 · Last updated May 17, 2026
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Domestic
Soybean oil: Soybean oil farmers have been particularly affected by the trade war with China, leading to significant losses. Recent agreements have led to increased purchases, but prices remain low.
Wheat: Wheat farmers are among those who will receive aid under the new Farmer Bridge Assistance program, having also been affected by low crop prices.
Dec 08, 2025 · 7 articles
International
Soybean oil: Soybean oil is a key agricultural product in the trade discussions, with China having a commitment to buy 25 million metric tons annually until 2028. Renewed demand could lift Chicago soybean prices.
Wheat: Milling wheat is among the products for which markets are looking for new purchase deals from China.
May 12, 2026 · 6 articles
International
Soybean oil: Soybean oil tariffs are expected to be cut by 10%, allowing private Chinese crushers to resume purchases and normalizing trade for this commodity.
Wheat: China has purchased some United States wheat cargoes, contributing to the expansion of agricultural trade.
May 16, 2026 · 9 articles
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