Mark Knight with Farmer’s Keeper Financial says the market is digesting clarification from China on tariffs. Beijing says it will lower the 24% retaliatory tariffs but the cut still leaves a 13% tariff on U.S. soybeans imported into China.

The tariff cut still leaves Chinese buyers of U.S. soybeans facing tariffs of 13%, a cost traders said makes U.S. shipments too expensive for commercial buyers, compared to Brazilian alternatives.

Randy Martinson with Martinson Ag says most of the grain and oilseed complex saw general profit taking Tuesday after hitting overbought territory.

Arlan Suderman, with StoneX, Inc., says soybeans are rallying on the White House interpretation of the deal which assumes China will buy 12 MMT in the next couple of months on top of the nearly 6 MMT it purchased earlier in 2025. However, he says China has not confirmed that.

Brad Kooima of Kooima Kooima Varilek says while the cattle futures are distancing themselves from last week’s lows he isn’t sure if all of the bearish news is factored into the market yet. Meanwhile, soybeans make new highs as the White House clarifies China will buy 12 MMT in the last two months of 2025.

Jerry Gulke, president of the Gulke Group, says the reaction in the soybean market following the announced trade framework between the U.S. and China provides important technical clues for future price direction.

Shawn Hackett with Hackett Financial Advisors says with China potentially buying 441 million bushels of U.S. soybeans in the next two months prices need to move a lot higher.

Price action and outlook for soybeans.

After an ugly pullback in the cattle market futures are trying to recover according to Scott Varilek of Kooima Kooima Varilek as cash strength is returning in the feeder cattle market.

Mark Schultz with Northstar Commodity says in response to the China deal the soybean market pushed into new highs for the move with January finally closing above the $11 mark.