With details still scarce on the US-China trade deal, markets' initial reaction was underwhelming. This indicates that the highly anticipated deal did not deliver on market expectations. Ivy Li, Gustavo Bonato, Pete Meyer, and Andrei Agapi, S&P Global Platts specialists from China, Brazil, the US, and Singapore, examine the impact of the deal on soybeans exports from US and Brazil, and the demand in China in light of the African swine fever.