In a move that signals improved trade relations between the U.S. and China, the Chinese government has agreed to purchase 25 million metric tons of U.S. soybeans annually, as announced by the treasury secretary. This development comes alongside reports of China already buying 12 million tons for the current season. Following a series of discussions, including key meetings between President Trump and Chinese President Xi Jinping, U.S. soybean farmers are optimistic about the potential for recovery in exports and economic relief. While some officials express cautious optimism, there are concerns about the impacts of previous trade tensions on the market. As soybean prices reach new highs, farmers are hopeful that these agreements will mark a turning point in U.S.-China trade relations.