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Multiple traders say China is expected to step up U.S. soybean purchases through state buyers such as Cofco to meet its pledge of 12 million tons by year-end. Timing and scale of shipments remain uncertain, and China has not officially confirmed the target.
Expected increases in state buying would add to U.S. export demand and support soybean prices. Uncertainty about timing and shipments limits how much of the expected demand the market can count on.
ttnews.comHallie GuDec 2, 2025After 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.
