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China imported 1.45 million tons of US soybeans in February, the most since June, according to customs data, after only 38,002 tons arrived in January. The arrivals are the first of a flurry of cargoes booked by state buyers following the late-October trade truce.
Large Chinese arrivals of US beans absorb export supply and support US soybean and meal prices, though a pending summit delay adds uncertainty to further purchases.
bloomberg.comHallie Gu, Ben WestcottMar 20, 2026After 696 past bullish trade events, SOY 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, SBM 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.
