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Private Chinese importers remain largely absent from US soybean buying because tariffs and strained ties make US beans uneconomic, while state traders lead purchases. Xi and Trump will review trade-truce progress at talks in Washington next month.
Reliance on state buyers creates risk of tighter US supplies later and limited storage and crushing capacity may constrain the 25 million ton target. Price support depends on whether private demand returns.
ttnews.comHallie GuAug 12, 2026After 250 past neutral trade events, SOY moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.
After 224 past neutral trade events, SBM moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% 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.
