# Trade Study: How Potential New Tariffs Could Impact U.S. Soybeans and Corn - American Soybean Association

> The American Soybean Association and NCGA released a trade study with WAEES assessing how renewed US tariffs on Chinese goods would affect soybeans and corn. The study argues tariffs push cropland conversion in South America and hurt U.S. growers, who bear most of the cost.

- Date: 2024-10-10 · published 2024-10-10T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/14713-trade-study-how-potential-new-tariffs-could-impact-u-s-soybeans-and-corn
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Prospect of renewed tariffs raises the risk of Chinese purchase cuts for U.S. soybeans and corn, a bearish export outlook that could widen the U.S. basis discount.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-01-03 | [Significant Potential Impact of Tariffs, Trade Retaliation on U.S. Ag Sector](https://feedsoft.ai/events/14691-significant-potential-impact-of-tariffs-trade-retaliation-on-u-s-ag-sector.md) | -0.7% | +4.3% |
| SOY | 2024-10-31 | [Impact of Renewed China-U.S. Tariffs on U.S. Agriculture: Consequences for Corn and Soybean Farmers - Kentucky Corn Growers Association](https://feedsoft.ai/events/27847-impact-of-renewed-china-u-s-tariffs-on-u-s-agriculture-consequences-for-corn.md) | +1.8% | +1.3% |
| SOY | 2025-01-06 | [Potential impacts of US-China trade war 2.0 on soybeans - Rabobank](https://feedsoft.ai/events/14693-potential-impacts-of-us-china-trade-war-2-0-on-soybeans-rabobank.md) | +3.3% | +7.9% |
| SOY | 2018-07-19 | [Aquafeed.com \|
   

   
    CHINA - New tariffs on US soybeans unlikely to impact aquatic feed](https://feedsoft.ai/events/64111-aquafeed-com-china-new-tariffs-on-us-soybeans-unlikely-to-impact-aquatic-feed.md) | +2.2% | +1.8% |
| SOY | 2025-04-20 | [China halted orders for U.S. soybeans and corn before tariff escalation - Nikkei Asia](https://feedsoft.ai/events/14667-china-halted-orders-for-u-s-soybeans-and-corn-before-tariff-escalation-nikkei.md) | +1.3% | +1.3% |
| CORN | 2025-01-03 | [Significant Potential Impact of Tariffs, Trade Retaliation on U.S. Ag Sector](https://feedsoft.ai/events/14691-significant-potential-impact-of-tariffs-trade-retaliation-on-u-s-ag-sector.md) | -0.3% | +4.7% |
| CORN | 2024-10-31 | [Impact of Renewed China-U.S. Tariffs on U.S. Agriculture: Consequences for Corn and Soybean Farmers - Kentucky Corn Growers Association](https://feedsoft.ai/events/27847-impact-of-renewed-china-u-s-tariffs-on-u-s-agriculture-consequences-for-corn.md) | +2.2% | -1.3% |
| CORN | 2025-04-20 | [China halted orders for U.S. soybeans and corn before tariff escalation - Nikkei Asia](https://feedsoft.ai/events/14667-china-halted-orders-for-u-s-soybeans-and-corn-before-tariff-escalation-nikkei.md) | -0.1% | -5.5% |

## Sources

- soygrowers.com: https://soygrowers.com/news-releases/trade-study-how-potential-new-tariffs-could-impact-u-s-soybeans-and-corn/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.