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Sinograin bought at least 10 cargoes of US soybeans, about 600,000 metric tons, for April-May shipment. Chinese importers booked smaller volumes later in the week for March or later, when Brazil typically dominates.
Total Chinese purchases were likely near 10 million tons.
State buying of US beans for spring shipment supports US export prices, though cheaper Brazilian supply during peak season caps demand.
agriculture.comReutersJan 12, 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.
