# China scoops up U.S. soybeans for next year but corn plans unclear

> China has begun purchasing U.S. soybeans for the coming marketing year, but its plans for U.S. corn remain unclear. Sales to China for 2021-22 were well below the prior year through late January.

- Date: 2022-02-04 · published 2022-02-04T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14954-china-scoops-up-u-s-soybeans-for-next-year-but-corn-plans-unclear
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Soybean purchases support U.S. soy prices and meal supply, while uncertainty over corn demand keeps that market exposed to downside risk.

## Read by commodity

- SOY: bullish ▲
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-06-18 | [Reuters: China scoops up U.S. soybeans on price plunge - Pro Farmer](https://feedsoft.ai/events/46429-reuters-china-scoops-up-u-s-soybeans-on-price-plunge-pro-farmer.md) | +3.1% | +9.4% |
| SOY | 2019-02-01 | [Soybeans, corn up, but waiting for more details on China - Brownfield Ag News](https://feedsoft.ai/events/60636-soybeans-corn-up-but-waiting-for-more-details-on-china-brownfield-ag-news.md) | -0.2% | -1.7% |
| SOY | 2020-05-05 | [China and Mexico Buy U.S. Corn and Soybeans \| Red River Farm Network](https://feedsoft.ai/events/53115-china-and-mexico-buy-u-s-corn-and-soybeans-red-river-farm-network.md) | +2.2% | +2.0% |
| SOY | 2019-09-13 | [Soybeans up, waiting for more on China - Brownfield Ag News](https://feedsoft.ai/events/9441-soybeans-up-waiting-for-more-on-china-brownfield-ag-news.md) | +1.1% | +4.6% |
| SOY | 2020-07-14 | [China books record U.S. corn purchase, also buys soybeans \| Reuters](https://feedsoft.ai/events/51978-china-books-record-u-s-corn-purchase-also-buys-soybeans-reuters.md) | +3.0% | +0.0% |
| CORN | 2019-04-23 | [Could China buy U.S. corn?](https://feedsoft.ai/events/59629-could-china-buy-u-s-corn.md) | -2.3% | +3.9% |
| CORN | 2026-07-22 | [China's US Ag Purchases Slightly Lag, But Year-End Target \| NewsFormal](https://feedsoft.ai/events/14566-china-s-us-ag-purchases-slightly-lag-but-year-end-target-newsformal.md) | +0.7% | +0.1% |
| CORN | 2018-05-23 | [U.S.-China trade row sows confusion in farmer planting plans](https://feedsoft.ai/events/64914-u-s-china-trade-row-sows-confusion-in-farmer-planting-plans.md) | -0.5% | -8.5% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/china-scoops-up-us-soybeans-next-year-corn-plans-unclear-2022-02-04/

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