10/27/25 U.S./China Framework Deal Sparks Market Euphoria

10/27/2025 Click Above to Watch the Morning Market Talk Video U.S./China Framework Deal Sparks Market Euphoria New Reco Day 2: Roll Nov 10.40 calls to January futures price at the market. Roll Nov 10.20 puts to January futures price at the market.Traders looking to pick up more carry or wanting a longer horizon could also roll November options to May beans. On the Grains Soybeans are trading sharply higher this morning following the framework trade deal between U.S. and Chinese trade negotiators. Corn and wheat are also trading solidly higher. After two days of intensive talks in Malaysia, Treasury Secretary Scott Bessent announced that the U.S. and China reached a “very substantial framework” to avert President Trump’s threatened 100% tariffs on Chinese goods. In return, China is expected to delay its planned export-control regime on rare-earth minerals for one year and resume large-scale purchases of U.S. farm commodities. The deal is expected to be finalized by President Trump and Chinese leader Xi Jinping when they meet in South Korea on Thursday. Soybeans appear to be the clear winner. While no precise tonnage has been disclosed, Bessent said U.S. soybean farmers “will feel very good, both for this season and the…