(NAFB.com) – Soybean markets are closely watching this week’s meeting between President Donald Trump and Chinese President Xi Jinping for signs of renewed agricultural trade between the two countries. Analysts say the talks could lead to additional Chinese purchases of U.S. soybeans, corn and sorghum, though expectations remain tempered because China has increasingly relied on lower-priced Brazilian soybeans in recent years. Market observers said any large export commitments could support soybean futures, which recently climbed to two-year highs. Farm groups and grain traders are also watching for progress on broader trade issues that could affect agricultural exports. Reuters reported discussions may include grain, meat and ethanol products as both nations seek to preserve a fragile trade truce. However, analysts cautioned that previous high-level meetings have not always produced long-term agreements. China remains one of the largest overseas markets for U.S. agricultural products.