China Begins Limited Purchases of US Farm Goods After Trump-Xi Meet

China has begun modest purchases of U.S. farm products after the leaders of both countries met last week, but traders still await significant soybean buys after the White House said Beijing pledged to buy 12 million tons by year-end.

The top market for U.S. farmers, China has turned its vast appetite for crops into a powerful trade war bargaining chip, largely avoiding U.S. wheat and soybeans in favour of other supplies, after rounds of tit-for-tat tariffs.

Chinese buyers have booked two cargoes of U.S. wheat, the first such purchases since October last yea...

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