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The USDA reported sales of 472,000 metric tons of US soybeans for delivery to China on July 8, the largest daily sale to that country since November 2025. Cofco had also booked further cargoes for September and October loading.
The largest daily export sale in months signals renewed Chinese demand that supports US soybean prices ahead of the September marketing year, though tariffs and cheaper Brazilian supply still weigh on demand.
ttnews.comHallie Gu, Alfred CangJul 8, 2026After 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.
