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China's purchases of the latest US crop are estimated at 8.5 to nearly 10 million tons, up to 80% of the 12 million ton pledge. USDA reported a 336,000 ton private sale to China, bringing confirmed purchases since October to nearly 6.9 million tons.
Continued Chinese buying of US soybeans supports US export demand and nearby soybean prices as the pledge deadline approaches.
reuters.comNaveen Thukral, Ella CaoJan 6, 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.
