Soybeans are the U.S.’s top agricultural export to China at $12 billion in 2017.

Two other sources briefed on the matter also revealed to Reuters that Chinese state grain trader Cofco would be permitted to buy U.S. soybeans again.

These signs of improving relations also appear to be adding interest from China for other grains.

For more information on the commodities market, visit our commodity ETFs category.

Subscribe to our free daily newsletters!
Please enter your email address to subscribe to ETF Trends' newsletters featuring latest news and educational events.