# China Ramping Up US Soybean Purchases | Farm Policy News | Illinois

> China's soybean buying from the US has picked up since the May Trump-Xi summit, with a 238,000-ton purchase reported by USDA. Buyers took advantage of lower prices, paying premiums of about $3.03 per bushel over November CBOT for US Gulf shipments.

- Date: 2026-08-10 · published 2026-08-10T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/14559-china-ramping-up-us-soybean-purchases-farm-policy-news-illinois
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Purchases at lower prices and premium payments support US soybean export basis and demand, though buying is policy-driven. Traders are watching for further signals before the September meeting.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-07-14 | [China Makes Record U.S. Corn Purchase \| Farm Policy News \| Illinois](https://feedsoft.ai/events/51985-china-makes-record-u-s-corn-purchase-farm-policy-news-illinois.md) | +3.0% | +0.0% |
| SOY | 2025-11-17 | [Soybean Futures Rebound on Signs China Is Ramping Up Purchases - Bloomberg](https://feedsoft.ai/events/7887-soybean-futures-rebound-on-signs-china-is-ramping-up-purchases-bloomberg.md) | +1.1% | -3.7% |
| SOY | 2021-01-05 | [Phase One Ag Targets Lag, But U.S. Soybean and Corn Exports to China Surge \| Farm Policy News \| Illinois](https://feedsoft.ai/events/49008-phase-one-ag-targets-lag-but-u-s-soybean-and-corn-exports-to-china-surge-farm.md) | +4.4% | +2.9% |
| SOY | 2021-04-21 | [U.S. Soybean Exports to China Swell in March, as Brazil Suspends Corn, Soy Import Duties \| Farm Policy News \| Illinois](https://feedsoft.ai/events/47453-u-s-soybean-exports-to-china-swell-in-march-as-brazil-suspends-corn-soy-import.md) | +5.3% | +6.9% |
| SOY | 2020-05-12 | [China Steps Up US Soybean Buying With Million-Ton Purchase - TT](https://feedsoft.ai/events/52986-china-steps-up-us-soybean-buying-with-million-ton-purchase-tt.md) | -0.9% | +1.3% |

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2026/08/china-ramping-up-us-soybean-purchases/

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