# China's tariff cut plans skip soybeans, spurring hopes for higher buys of other US farm goods | S&P Global

> China's Ministry of Commerce said it would consider tariff cuts on US agricultural and animal-protein products including beef, pork, corn and wheat, but excluded soybeans. The White House says China committed to $17 billion annually in non-soybean farm purchases from 2026 through 2028, and China bought $5.2 billion of other ag goods January-July.

- Date: 2026-10-01 · published 2026-10-01T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/14539-china-s-tariff-cut-plans-skip-soybeans-spurring-hopes-for-higher-buys-of-other
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Expected purchases of US corn, wheat and meats could lift those markets if the commitments are met, while soybeans remain disadvantaged by the continued tariff.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-04-15 | [China to consider US request to shift tariffs on farm goods - The Business Times](https://feedsoft.ai/events/59453-china-to-consider-us-request-to-shift-tariffs-on-farm-goods-the-business-times.md) | +0.4% | -2.5% |
| CORN | 2018-05-11 | [China looking to rely less on US for soybeans](https://feedsoft.ai/events/64916-china-looking-to-rely-less-on-us-for-soybeans.md) | -0.1% | -2.8% |
| CORN | 2026-10-02 | [US and China Unveil $30 Billion Tariff-Cut Framework for Agricultural Exports - Beijing Post](https://feedsoft.ai/events/4457-us-and-china-unveil-30-billion-tariff-cut-framework-for-agricultural-exports.md) | -1.6% | -7.0% |
| CORN | 2026-06-01 | [Latest U.S.-China Agriculture Talks Expand Purchasing Pledges Beyond Soybeans](https://feedsoft.ai/events/14569-latest-u-s-china-agriculture-talks-expand-purchasing-pledges-beyond-soybeans.md) | -5.0% | -5.7% |
| CORN | 2025-06-28 | [Argentina reinstates higher export duties for soybeans and corn - Buenos Aires Herald](https://feedsoft.ai/events/13853-argentina-reinstates-higher-export-duties-for-soybeans-and-corn-buenos-aires.md) | -0.2% | -1.7% |
| WHEAT | 2019-04-15 | [China to consider US request to shift tariffs on farm goods - The Business Times](https://feedsoft.ai/events/59453-china-to-consider-us-request-to-shift-tariffs-on-farm-goods-the-business-times.md) | -2.0% | -12.7% |
| WHEAT | 2026-10-02 | [US and China Unveil $30 Billion Tariff-Cut Framework for Agricultural Exports - Beijing Post](https://feedsoft.ai/events/4457-us-and-china-unveil-30-billion-tariff-cut-framework-for-agricultural-exports.md) | -3.2% | +0.5% |
| WHEAT | 2026-06-01 | [Latest U.S.-China Agriculture Talks Expand Purchasing Pledges Beyond Soybeans](https://feedsoft.ai/events/14569-latest-u-s-china-agriculture-talks-expand-purchasing-pledges-beyond-soybeans.md) | -2.6% | -0.3% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/100126-chinas-tariff-cut-plans-skip-soybeans-spurring-hopes-for-higher-buys-of-other-us-farm-goods

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