# China Buys First US Soy for 2024 Crop — About Seven Months Late

> China bought 132,000 metric tons of U.S. soybeans for the 2024-25 season, the first such purchase of the marketing year. That timing is about seven months later than usual, since China typically books U.S. cargoes around December.

- Date: 2024-07-10 · published 2024-07-10T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/14733-china-buys-first-us-soy-for-2024-crop-about-seven-months-late
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The purchase signals some Chinese demand for new-crop U.S. soybeans, but the volume is small and the late start leaves uncertainty over how much the country will buy.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-11-16 | [China makes huge soybean buys late in season](https://feedsoft.ai/events/14800-china-makes-huge-soybean-buys-late-in-season.md) | -2.1% | -5.1% |
| SOY | 2026-08-01 | [China buys most U.S. soybeans since November 2025](https://feedsoft.ai/events/14565-china-buys-most-u-s-soybeans-since-november-2025.md) | -1.3% | +8.9% |
| SOY | 2018-04-10 | [Argentina buys most U.S. soy in 20 years after drought cuts crop](https://feedsoft.ai/events/65361-argentina-buys-most-u-s-soy-in-20-years-after-drought-cuts-crop.md) | -0.5% | -4.3% |
| SOY | 2024-03-25 | [US soy volatile on possible China buying \| Latest Market News](https://feedsoft.ai/events/14768-us-soy-volatile-on-possible-china-buying-latest-market-news.md) | -0.6% | -2.6% |
| SOY | 2023-07-17 | [China to buy more Brazilian soybeans for Q4 as U.S. crop suffers - traders \| Reuters](https://feedsoft.ai/events/14826-china-to-buy-more-brazilian-soybeans-for-q4-as-u-s-crop-suffers-traders-reuters.md) | +0.4% | -6.3% |

## Sources

- news.bloomberglaw.com: https://news.bloomberglaw.com/international-trade/china-buys-first-us-soy-for-2024-crop-about-seven-months-late

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