
China bought about 1 million metric tons of US soybeans in one week, according to Reuters traders, ahead of Xi Jinping's Washington visit. Total purchases approach half of the 25 million tons annually committed through 2028, and USDA reported 340,000 tons of sales to China.
Large state-buyer purchases tighten US soybean supply and support prices, especially as Brazilian inventories dwindle and global oilseed supplies tighten.
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.
After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% 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.