--- title: "U.S. crop futures surge as White House confirms $17B in China purchases" type: "News" locale: "en" url: "https://longbridge.com/en/news/286832031.md" description: "U.S. crop futures surged after the White House confirmed China will purchase $17B in U.S. agricultural goods through 2028. This agreement, alongside a soybean purchase pledge, boosted optimism for increased demand, particularly for corn. On the Chicago Board of Trade, wheat rose 4.4%, corn climbed 4.2%, and soybeans jumped 2.9%. The deal is seen as bullish for U.S. corn exports, potentially tightening supply forecasts." datetime: "2026-05-19T00:27:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286832031.md) - [en](https://longbridge.com/en/news/286832031.md) - [zh-HK](https://longbridge.com/zh-HK/news/286832031.md) --- # U.S. crop futures surge as White House confirms $17B in China purchases ### Related Stocks - [WEAT.US](https://longbridge.com/en/quote/WEAT.US.md) - [FTAG.US](https://longbridge.com/en/quote/FTAG.US.md) - [SOYB.US](https://longbridge.com/en/quote/SOYB.US.md) - [MOO.US](https://longbridge.com/en/quote/MOO.US.md) - [CORN.US](https://longbridge.com/en/quote/CORN.US.md) - [DBA.US](https://longbridge.com/en/quote/DBA.US.md) - [VEGI.US](https://longbridge.com/en/quote/VEGI.US.md) - [FTXG.US](https://longbridge.com/en/quote/FTXG.US.md) ## Related News & Research - [CIF/FOB Gulf Grain-Corn barge bids inch lower, soy barge bids firm](https://longbridge.com/en/news/286828659.md) - [CIF/FOB Gulf Grain-Soy, corn barge bids steady to firmer](https://longbridge.com/en/news/286975465.md) - [US Cash Grains-Corn and soybean basis bids largely steady](https://longbridge.com/en/news/286166598.md) - [GRAINS-Chicago grains, oilseeds extend rally on China's $17 billion purchase commitment](https://longbridge.com/en/news/286906404.md) - [US Cash Grains-Corn basis flat to lower as futures firm](https://longbridge.com/en/news/286303758.md)