Loading…
China bought 472,000 tons of US soybeans in the largest daily sale since November 2025, with Cofco booking more cargoes for fall shipment. The purchases followed a summit between Presidents Trump and Xi in May and a broader trade truce.
Sustained Chinese buying of US beans strengthens export demand and supports prices, while the commitment to at least $17 billion in annual US farm purchases gives the market a floor for expectations.
farmprogress.comBloombergAug 1, 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.
