# Soybean prices rise on U.S.-China trade hopes | Financial Post

> Chicago soybean futures rose for a second session as the US delayed a 10% tariff on certain Chinese products, including laptops and cellphones, and Chinese Vice Premier Liu He held phone talks with US trade officials. Trump also cited China for not following through on expected large farm purchases. Corn was weighed by a USDA upgrade to its US production outlook.

- Date: 2019-08-14 · published 2019-08-14T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/11472-soybean-prices-rise-on-u-s-china-trade-hopes-financial-post
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Easing trade tensions raise expectations of Chinese purchases of US soybeans, supporting soybean and meal prices. A bigger US corn crop outlook keeps corn under pressure.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-12-12 | [Corn, wheat, soy rally on U.S.-China trade hopes, export demand \| Financial Post](https://feedsoft.ai/events/6298-corn-wheat-soy-rally-on-u-s-china-trade-hopes-export-demand-financial-post.md) | +3.9% | +4.6% |
| SOY | 2020-03-04 | [Soybeans rise on hopes for export demand, financial market gains \| Financial Post](https://feedsoft.ai/events/54186-soybeans-rise-on-hopes-for-export-demand-financial-market-gains-financial-post.md) | -2.2% | -0.8% |
| SOY | 2019-09-13 | [Soybeans extend gains after big Chinese purchase fuels trade hopes \| Financial Post](https://feedsoft.ai/events/10850-soybeans-extend-gains-after-big-chinese-purchase-fuels-trade-hopes-financial.md) | +1.1% | +4.6% |
| SOY | 2019-12-10 | [Soybeans extend gains as Chinese purchases stir hopes of U.S.-China deal \| Financial Post](https://feedsoft.ai/events/12382-soybeans-extend-gains-as-chinese-purchases-stir-hopes-of-u-s-china-deal.md) | +2.8% | +4.6% |
| SOY | 2020-10-14 | [Soybeans rise on Chinese buying, dry Brazil weather \| Financial Post](https://feedsoft.ai/events/11786-soybeans-rise-on-chinese-buying-dry-brazil-weather-financial-post.md) | +1.9% | +9.0% |
| CORN | 2020-03-20 | [U.S. wheat, soy rise after export deals; corn sags on ethanol woes \| Financial Post](https://feedsoft.ai/events/6108-u-s-wheat-soy-rise-after-export-deals-corn-sags-on-ethanol-woes-financial-post.md) | -0.6% | -3.1% |
| CORN | 2021-12-23 | [China to fall short on promises to U.S. as trade deal ends](https://feedsoft.ai/events/14969-china-to-fall-short-on-promises-to-u-s-as-trade-deal-ends.md) | -0.7% | +3.1% |
| CORN | 2020-05-02 | [U.S. grains: Soybeans slide on renewed trade tensions with China - Grainews](https://feedsoft.ai/events/53163-u-s-grains-soybeans-slide-on-renewed-trade-tensions-with-china-grainews.md) | +1.9% | +1.9% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/soybean-prices-rise-on-u-s-china-trade-hopes

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.