# U.S.-China trade war boosts Brazil local soy prices, spurs deals

> Brazilian soybean prices in local currency reached their highest level in almost two months after the United States escalated its trade war with China. China, the world's largest soy importer, responded by halting purchases of US soybeans.

- Date: 2019-08-07 · published 2019-08-07T12:00:00.000Z
- Category: trade · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/11473-u-s-china-trade-war-boosts-brazil-local-soy-prices-spurs-deals
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Chinese demand shifting toward Brazilian beans lifts Brazilian soybean premiums and local prices, supporting export demand for Brazilian soy.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-04-07 | [China soybean meal prices surge amid U.S. trade war escalation](https://feedsoft.ai/events/25198-china-soybean-meal-prices-surge-amid-u-s-trade-war-escalation.md) | +6.7% | +6.2% |
| SOY | 2019-08-14 | [Soybean prices rise on U.S.-China trade hopes \| Financial Post](https://feedsoft.ai/events/11472-soybean-prices-rise-on-u-s-china-trade-hopes-financial-post.md) | -1.9% | -2.1% |
| SOY | 2025-10-01 | [Trump’s Signal on China Trade Talks Lifts Soybean Prices - Bloomberg](https://feedsoft.ai/events/22453-trump-s-signal-on-china-trade-talks-lifts-soybean-prices-bloomberg.md) | +2.0% | +7.6% |
| SOY | 2019-03-04 | [U.S. and China Near a Trade Deal to Drop Tariffs](https://feedsoft.ai/events/59969-u-s-and-china-near-a-trade-deal-to-drop-tariffs.md) | -1.7% | -1.7% |
| SOY | 2020-06-22 | [Q4 Key to China Trade Deal - ProAg](https://feedsoft.ai/events/52467-q4-key-to-china-trade-deal-proag.md) | -1.3% | +3.0% |

## Sources

- reuters.com: https://www.reuters.com/article/us-brazil-soybeans-prices/u-s-china-trade-war-boosts-brazil-local-soy-prices-spurs-deals-idUSKCN1UX23P/

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