China snaps up U.S. beans while its hog herd remains under scrutiny

After 696 past bullish trade events, SOY moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.

• Jun 18, 2021Reuters: China scoops up U.S. soybeans on price plunge - Pro Farmer+3.1%
• Jun 20, 2017China may buy record volume of U.S. soybeans-3.3%
• Nov 17, 2025Exclusive: China snaps up US soybeans after pledge to Trump, but at high price, traders say | Reuters+1.1%
• Feb 4, 2022China scoops up U.S. soybeans for next year but corn plans unclear+1.9%
• Jul 29, 2020Bunge: China's herd of pigs is building up faster than-1.4%

After 224 past neutral trade events, SBM moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.

• Nov 17, 2025Exclusive: China snaps up US soybeans after pledge to Trump, but at high price, traders say | Reuters-1.7%
• Oct 28, 2026China wants US soybeans. Its buyers prefer Brazil | ThinkChina-3.8%
• Sep 10, 2019Crushing it: Argentine farmers cheer China soymeal deal while U.S. growers fret+2.3%
• Jan 20, 2022China's 2021 soy imports from U.S. rise while Brazilian shipments fall | Reuters+0.2%
• Aug 8, 2026China July soybean imports drop on sow herd size concerns - Markets - Business Recorder+0.2%