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White House Says China Will Buy At Least $17 Billion in U.S. Farm Goods Each Year Through 2028

Traders are watching for verification after Beijing withheld full confirmation.

Overview

  • The White House, in a fact sheet Sunday, said China committed to purchase at least $17 billion in U.S. agricultural products annually in 2026, 2027 and 2028, with the 2026 target prorated for the rest of the year.
  • The pledge is separate from China’s October 2025 agreement to buy 25 million metric tons of U.S. soybeans each year through 2028.
  • China moved to restore market access by renewing expired registrations for more than 400 U.S. beef plants and adding new listings, and it will resume poultry imports from states the USDA certifies free of bird flu.
  • China has not publicly confirmed all elements of Washington’s announcement, and analysts question how purchases will be verified and whether buying will be redirected from suppliers like Brazil rather than add new demand.
  • Other summit outcomes included plans to create new U.S.–China trade and investment boards, an initial purchase of 200 Boeing aircraft for Chinese airlines, and talks to ease curbs on sales of rare-earth processing equipment, after U.S. farm exports to China fell to $8.4 billion in 2025.