◂ Event Timeline

Nov 13, 2024TRADEChina

Opportunities abound for China, US to expand agricultural trade, exec says

The US Soybean Export Council expects China to import 30 million tons of US soybeans in the 2025 marketing year. China's total soybean imports are projected to rise from 104.1 million tons to 138.3 million tons by 2034.

WHY IT MATTERS

Long-run Chinese import growth supports demand for global soybeans, but the projections are forward-looking and do not change near-term US price direction.

AFFECTSSoybeans◆

SOURCE
chinadaily.com.cnZhong NanNov 13, 2024

Price reaction & history

Soybeans◆neutralSO FAR1d +0.1%5d -0.5%20d -0.8%

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.

Nov 14, 2019Trade talks hit bump as China resists US demands on agricultural purchases+0.3%
Dec 21, 2017Yearender: China-U.S. agricultural trade leaps forward in 2017 - Xinhua | English.news.cn-0.9%
May 26, 2022Ambassador's visit stresses opportunity in expanding trade+2.9%
Apr 6, 2017US Agriculture Bets the Farm on Chinese Soy Demand+0.4%
Aug 26, 2025China's top trade negotiator to head to US for talks: Reports - The Economic Times+0.0%

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.

Soybeans SOY · GP ▸

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