Xi-Trump summit may yield farm deal, but China has limited soybean appetite

Agriculture remains a less contentious area in U.S.-China relations. China unlikely to increase soybean purchases beyond existing commitments. Markets expect new deals for corn, sorghum, milling wheat, poultry and meat.

China ​and the United States may reach a farm deal at their summit this week that expands Beijing's purchases of ‌grains and meat, but market watchers said they did not expect major new soybean purchases beyond what was agreed in a deal last October.

Agriculture is among the less-contentious areas of the bilateral relationship, but the final shape of any deliverables from the May 14-15 summit between U.S. President Donald Trump and his Chinese counterpart Xi Jinping ​remains uncertain just days out, officials, traders and analysts said.   IC UAC according to reuters