
US President Donald Trump said he hopes China will sharply increase purchases of American soybeans one day before a trade truce expires. China has not yet booked any cargoes for the upcoming US harvest.
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Chinese booking of US new-crop cargoes is the key factor for soybean export demand and prices. Uncertainty over whether that happens keeps the market sensitive to trade headlines.
After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.