# EXCLUSIVE: China makes largest US soy purchases in months -traders | Reuters

> Chinese importers bought about 10 cargoes, roughly 600,000 metric tons, of US soybeans for shipment between December and March, the largest single-day US soybean purchase in at least three months, according to traders. The sales offered a hopeful sign for a US export season where overseas sales had fallen well behind pace.

- Date: 2023-11-07 · published 2023-11-07T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/14795-exclusive-china-makes-largest-us-soy-purchases-in-months-traders-reuters
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Large new export sales to China tighten near-term US soybean supply and support futures and cash bids. The buying is still small relative to the season's shortfall, so the price effect may be limited.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-08-03 | [EXCLUSIVE: Chinese state traders make large US soybean purchases \| Reuters](https://feedsoft.ai/events/14553-exclusive-chinese-state-traders-make-large-us-soybean-purchases-reuters.md) | -1.3% | +8.9% |
| SOY | 2019-01-01 | [Exclusive: China makes first big U.S. soybean purchase since Trump-Xi truce By Reuters](https://feedsoft.ai/events/61592-exclusive-china-makes-first-big-u-s-soybean-purchase-since-trump-xi-truce-by.md) | +2.7% | +4.4% |
| SOY | 2024-12-19 | [Exclusive: China's state importer books US soy purchases as tariff threat looms \| Reuters](https://feedsoft.ai/events/14695-exclusive-china-s-state-importer-books-us-soy-purchases-as-tariff-threat-looms.md) | +3.8% | +8.6% |
| SOY | 2019-09-12 | [Ahead of trade talks, China makes biggest US soybean purchases since June, traders say](https://feedsoft.ai/events/9439-ahead-of-trade-talks-china-makes-biggest-us-soybean-purchases-since-june.md) | +4.1% | +8.2% |
| SOY | 2026-03-15 | [EXCLUSIVE: US, China discuss farm goods, managed trade in 'remarkably stable' Paris talks, sources say \| Reuters](https://feedsoft.ai/events/14590-exclusive-us-china-discuss-farm-goods-managed-trade-in-remarkably-stable-paris.md) | -4.1% | -4.0% |

## Sources

- reuters.com: https://www.reuters.com/markets/asia/china-makes-largest-us-soy-purchases-months-traders-2023-11-07/

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