China boosts US agriculture purchases over ‘very tight’ soybeans supply concerns, Ukraine corn worries

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.

• Sep 8, 2018China ramps up soybean purchases in August but Brazilian supplies tipped to tighten | South China Morning Post-1.3%
• Aug 1, 2020China’s agricultural imports surge in June, as worsening US ties stoke fears of supply disruptions | South China Morning Post-3.0%
• Apr 25, 2022China trade: imports of US soybeans rise as Ukraine war, South America drought limit sources | South China Morning Post-0.5%
• May 21, 2018Trade truce with China could boost US beef, soybeans and other agriculture products+4.3%
• Jul 31, 2026Chinese buyers acquire US soybeans for October-November, traders say | South China Morning Post-1.7%

After 729 past bullish trade events, CORN moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.

• Aug 1, 2020China’s agricultural imports surge in June, as worsening US ties stoke fears of supply disruptions | South China Morning Post-1.4%
• May 21, 2018Trade truce with China could boost US beef, soybeans and other agriculture products+0.4%
• Feb 21, 2019China to propose $30 billion more US agriculture purchases-0.3%
• Jul 16, 2020Higher Chinese feed demand boosts US corn and soybean exports - Agweek | #1 source for agriculture news, farming, markets+0.8%
• Sep 28, 2020US-China trade: soybeans, corn and cars surge, but Beijing still not close to meeting demands of deal | South China Morning Post+3.1%