US farmers feel pain as soybean exports to China flatline despite tariff truce

After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.

• Jun 25, 2019China’s US soybean and pork imports down 55.3 per cent due to trade war, African swine fever | South China Morning Post-2.6%
• Aug 1, 2018Why China’s pork producers can survive without US soybean imports | South China Morning Post-1.6%
• Jun 23, 2025US farmers face tough outlook as China switches suppliers amid trade war | South China Morning Post-3.8%
• Aug 25, 2025Tariff escalations trigger another decline in US farm exports to China+0.0%
• Jul 24, 2019China's Soybean Crushers In No Rush To Buy From US Despite Beijing Tariff Offer: Sources | ESM Magazine-0.8%

After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.

• Aug 1, 2018Why China’s pork producers can survive without US soybean imports | South China Morning Post-2.5%
• Feb 20, 2018U.S. soybean exports in prime spot for China buys - Morning Ag Clips+1.0%
• Oct 12, 2018Trade War Drives Farmers to Corn as China Shuns US Soybeans - TT+1.1%
• Apr 13, 2018China traders, farmers shrug off risk of US soybeans tariff | AP News-2.6%
• May 29, 2019Local ports see 'dramatic hit' to soybean exports during US-China trade war+2.6%

After 85 past bullish trade events, Lean Hogs moved a median +0.8% over 5 sessions (54% higher; middle half -1.8% to +4.5%), and +4.0% over 20.

• Oct 18, 2019China's pork shortage could give US farmers a chance to cash in-2.8%
• Oct 6, 2022Soybean imports forecast at two-year low crimp China's ailing hog feed makers+1.3%
• Dec 9, 2019US hog prices jump as China offers tariff waivers | The Pig Site-0.1%
• Jul 21, 2020US red meat exports adding value to corn and soybeans - Brownfield Ag News+4.8%
• Mar 15, 2019China Buys Most US Pork in Two Years as Futures Extend Rally - TT+13.9%