# Biden Administration Looks for Ways to Get China to Meet Phase One Deal Ag Commitments

> U.S. Agriculture Secretary Tom Vilsack told the House Agriculture Committee that China fell about $13 to $16 billion short of its Phase One agricultural purchase commitments. The Biden administration is pressing Beijing to meet the commitments now that the deal's two-year period has ended.

- Date: 2022-01-20 · published 2022-01-20T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/14962-biden-administration-looks-for-ways-to-get-china-to-meet-phase-one-deal-ag
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Unmet Chinese purchase commitments leave potential export demand for U.S. grains and oilseeds on the table, which is a bearish factor for U.S. export prices if buying does not pick up.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-09-03 | [FSA Administrator Highlights Market Facilitation Program; Chinese Ag Imports Projected to Decrease - Farm Policy News](https://feedsoft.ai/events/62895-fsa-administrator-highlights-market-facilitation-program-chinese-ag-imports.md) | +0.1% | +3.0% |
| SOY | 2019-12-16 | [Member States urge Commission to get real about fighting deforestation \| WWF](https://feedsoft.ai/events/55611-member-states-urge-commission-to-get-real-about-fighting-deforestation-wwf.md) | +2.3% | +2.3% |
| SOY | 2018-05-11 | [China looking to rely less on US for soybeans](https://feedsoft.ai/events/64916-china-looking-to-rely-less-on-us-for-soybeans.md) | -1.8% | -4.3% |
| SOY | 2025-05-16 | [Jerry Gulke: Trump Administration Sinks Grain Markets After Dropping Ball on Trade and Biofuels - AgWeb](https://feedsoft.ai/events/6683-jerry-gulke-trump-administration-sinks-grain-markets-after-dropping-ball-on.md) | +1.5% | +1.8% |
| SOY | 2026-08-27 | [Bunge, POET, others warn Trump on biofuel exemptions for oil \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/15003-bunge-poet-others-warn-trump-on-biofuel-exemptions-for-oil-agri-pulse.md) | +3.8% | +5.0% |
| CORN | 2021-09-22 | [EXCLUSIVE: EXCLUSIVE Biden administration mulls big cuts to biofuel mandates in win for oil industry -document \| Reuters](https://feedsoft.ai/events/44932-exclusive-exclusive-biden-administration-mulls-big-cuts-to-biofuel-mandates-in.md) | +1.6% | +2.0% |
| CORN | 2018-09-03 | [FSA Administrator Highlights Market Facilitation Program; Chinese Ag Imports Projected to Decrease - Farm Policy News](https://feedsoft.ai/events/62895-fsa-administrator-highlights-market-facilitation-program-chinese-ag-imports.md) | +0.9% | +1.1% |
| CORN | 2021-03-19 | [China looks to cut corn, soymeal content in animal feed \| Feed Strategy](https://feedsoft.ai/events/48099-china-looks-to-cut-corn-soymeal-content-in-animal-feed-feed-strategy.md) | +11.4% | +14.1% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2022/01/20/biden-administration-looks-ways-get

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