China to buy 12 million metric tons of US soybeans this season, Bessent says

After 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.

• Jan 6, 2026China buys more US soybeans, total purchases approach 10 million tons | Reuters-1.4%
• Jan 20, 2026China Buy 12 Million Tons of US Soybeans, Meets Key Trade Pledge - Bloomberg+0.4%
• Feb 2, 2019China's COFCO buys million-tonne batch of U.S. soybeans-0.4%
• Jan 20, 2026China hits 12 million ton US soybean target pledged in trade truce | Reuters+0.4%
• Sep 16, 2019China buys $67 million Worth of U.S. Soybeans as Trade War Eases-0.2%

After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.

• Feb 2, 2019China's COFCO buys million-tonne batch of U.S. soybeans-1.8%
• Jun 20, 2017China may buy record volume of U.S. soybeans-2.5%
• Nov 10, 2023China soybean imports top 100 million tonnes+3.6%
• Dec 13, 2018USDA confirms sale of 1.13 million tons of soybeans to China - Agweek | #1 source for agriculture news, farming, markets-1.0%
• Aug 11, 2025US soybean prices jump after Trump urges China to quadruple orders | Reuters+2.9%