10/20/25 Farmers Need Relief Now; Soybean Talks Planned

10/20/2025 Farmers Need Relief Now; Soybean Talks Planned There will not be a Morning Market Talk due to technical difficulties. On the Grains Soybean futures rallied overnight amid comments that soybeans remain a top priority in upcoming U.S./China trade talks. November soybeans are nearing the Oct. 8-9 double-top at $10.30. Corn and wheat rode the strength in soybeans to modest gains. President Trump listed rare earths, fentanyl and soybeans as the top issues with China as the two sides prepared for high-level trade talks this week and a planned meeting of leaders at the end of the month. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are scheduled to meet in Malaysia later this week. Trump and Chinese President Xi Jinping have planned a meeting in South Korea at the end of October. For agriculture, soybean demand from China is a must-have, though that has been the case for months with no results. The window for selling soybeans to China is closing for 2025-26 barring a major breakthrough in trade talks. Official Chinese data from September confirmed what we already knew… China imported no U.S. soybeans for the month – the first time since November 2018 that shipments fell to…