---
title: "China to buy $17B in US farm goods as costs climb"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286703244.md"
description: "China has pledged to purchase at least $17 billion in U.S. farm goods annually from 2026 to 2028, excluding previous soybean commitments. Rising input costs due to the Iran conflict have increased diesel prices to $5.67 per gallon and limited fertilizer availability, putting pressure on U.S. farms. Additionally, disruptions in the Strait of Hormuz have slowed oil and fertilizer flows, further impacting agricultural production costs."
datetime: "2026-05-18T02:33:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286703244.md)
  - [en](https://longbridge.com/en/news/286703244.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286703244.md)
---

# China to buy $17B in US farm goods as costs climb

Major trade pledge: China will buy at least $17 billion in U.S. farm goods annually from 2026–2028, excluding prior soybean commitments. Rising input costs: The Iran conflict has driven diesel prices to $5.67 a gallon and limited fertilizer availability, straining U.S. farms. Shipping chokepoint impact: Strait of Hormuz disruptions have slowed oil and fertilizer flows, adding pressure to agricultural production costs.

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