AgricultureChina pledges to buy at least $17bn a year of goods beyond soybeans, White House saysThe U.S. and China have agreed to expand agricultural trade and tackle nontariff barriers for beef and poultry, according to the Chinese side's Commerce Ministry. © ReutersPAK YIUMay 19, 2026 04:52 JSTNEW YORK -- American farmers welcomed Washington's announcement that China has promised to purchase at least $17 billion in U.S. agricultural goods annually for three years but warn that fertilizer shortages and higher fuel costs from the Iran war could undercut any gains.