# Soybeans Rallying as Tariff Threat Cools Off

> Soybean futures rose 10 to 23 cents on January 21, 2025, after President Trump delayed new tariffs on China, Canada and Mexico to review trade agreements. Speculators moved to a net long position in soybean futures for the first time in over a year.

- Date: 2025-01-21 · published 2025-01-21T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/11806-soybeans-rallying-as-tariff-threat-cools-off
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Delayed tariffs reduce the risk of disrupted soybean export demand, particularly from China, which supports US soybean prices.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-08-01 | [Soybeans Drift as China Buying Awaited After US Tariff Statement](https://feedsoft.ai/events/14564-soybeans-drift-as-china-buying-awaited-after-us-tariff-statement.md) | -1.3% | +8.9% |
| SOY | 2024-05-20 | [US Soybean Prices Higher in Spite of Tariff Concerns](https://feedsoft.ai/events/30297-us-soybean-prices-higher-in-spite-of-tariff-concerns.md) | +1.6% | -5.7% |
| SOY | 2025-05-12 | [Soybeans surge on temporary tariff cut - Brownfield Ag News](https://feedsoft.ai/events/9503-soybeans-surge-on-temporary-tariff-cut-brownfield-ag-news.md) | +0.6% | +1.1% |
| SOY | 2021-01-26 | [Rally continues for soybeans, corn, wheat - Brownfield Ag News](https://feedsoft.ai/events/4062-rally-continues-for-soybeans-corn-wheat-brownfield-ag-news.md) | +1.6% | +4.7% |
| SOY | 2026-10-28 | [Corn and Soybeans in the Green](https://feedsoft.ai/events/77-corn-and-soybeans-in-the-green.md) | -1.6% | — |

## Sources

- barchart.com: https://www.barchart.com/story/news/30532663/soybeans-rallying-as-tariff-threat-cools-off

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