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Beijing lifted some tariffs on US farm goods, but US soybeans remain expensive relative to Brazilian supply. The White House said China would buy at least 12 million tons of US soybeans in late 2025 and 25 million tons a year for the following three years.
Tariff relief helps US exports, but high landed costs keep Chinese crushers buying South American beans, limiting the price benefit for US soybeans.
After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% 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.