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Bloomberg

Soybeans Drift as China Buying Awaited After US Tariff Statement

Thursday, July 2, 2026


Soybean futures moved between gains and losses as traders reacted to a statement from China's government regarding tariff reductions on US agricultural products. China's statement indicated potential tariff rollbacks on American farm goods. The timing of any Chinese purchases remained unclear as of the report date.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-02/soybeans-drift-as-china-buying-awaited-after-us-tariff-statement

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