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The U.S. extends China’s soybean purchase deadline to end-2026 due to delivery shortfalls and higher U.S. prices.
The U.S. has extended China’s deadline to fulfill its 2020 phase one trade deal soybean purchase commitment from December 2025 to the end of 2026, citing a shortfall in deliveries and market challenges.
USTR Jamieson Greer said China is unlikely to meet the original target by year-end, with shipments expected to be completed by February or March 2026.
Despite only securing about 3 million tons since October, U.S. officials stress the long-term commitment remains intact, and U.S. farmers are not expected to be harmed.
A key factor is the higher cost of U.S. soybeans compared to Brazil’s.
Officials from the Treasury, Agriculture, and White House support the revised timeline, emphasizing stable trade relations and ongoing efforts to diversify exports.
Los EE.UU. prorrogan el plazo de compra de soja de China hasta finales de 2026 debido a la escasez de entregas y al aumento de los precios en los EE.UU.