OAN Newsroom
UPDATED 7:20 AM PT — Thursday, Dec. 13, 2018A U.S. farmer offloads soybeans from his combine as he harvests his crops in Brownsburg, Ind., Friday, Sept. 21, 2018. (AP Photo/Michael Conroy)
China is beginning to buy soybeans from the U.S. again amid the ongoing 90-day truce on trade.
According to the U.S. Soybean Export Council Wednesday, Chinese companies have already ordered about two million tons of American soybeans.
These new orders were placed within a time span of 24-hours, and are worth more than $500 million total.
This comes after Chinese President Xi Jinping pledged to make concessions on trade, while meeting with President Trump during the G20 summit.
The steady rise in purchases are bringing relief to farmers, who struggled after Beijing slashed its soybean imports in response to heightened trade tensions.
