# Farm Bureau examines U.S.-China trade pace as Phase One winds down | Iowa Agribusiness Radio Network

> The American Farm Bureau says US agricultural exports to China reached about $30 billion from January to November 2021, up 33% from 2020. It expects China to fall about $10 billion short of its 2021 Phase One purchase goal.

- Date: 2021-12-27 · published 2021-12-27T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/14973-farm-bureau-examines-u-s-china-trade-pace-as-phase-one-winds-down-iowa
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Export growth supports US farm demand, but the expected shortfall against Phase One targets signals limited upside from the trade deal.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-05-13 | [Market analyst optimistic about Phase One trade deal \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/52987-market-analyst-optimistic-about-phase-one-trade-deal-iowa-agribusiness-radio.md) | -0.8% | +1.9% |
| SOY | 2017-07-11 | [China to buy U.S. soybeans to meet market demand \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/69821-china-to-buy-u-s-soybeans-to-meet-market-demand-iowa-agribusiness-radio-network.md) | -3.5% | -5.9% |
| SOY | 2019-08-05 | [Chinese startle U.S. grain markets \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/6045-chinese-startle-u-s-grain-markets-iowa-agribusiness-radio-network.md) | +2.8% | +0.8% |
| SOY | 2026-10-09 | [China Needs $1.2B/Week in U.S. Ag Buys to Hit Trade Deal — Agribusiness Wire](https://feedsoft.ai/events/14540-china-needs-1-2b-week-in-u-s-ag-buys-to-hit-trade-deal-agribusiness-wire.md) | -2.2% | -4.4% |
| SOY | 2020-07-13 | [Grain markets carry somber tone into new trading week \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/5291-grain-markets-carry-somber-tone-into-new-trading-week-iowa-agribusiness-radio.md) | +0.7% | -2.4% |
| CORN | 2020-05-13 | [Market analyst optimistic about Phase One trade deal \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/52987-market-analyst-optimistic-about-phase-one-trade-deal-iowa-agribusiness-radio.md) | -0.3% | +1.5% |
| CORN | 2018-03-13 | [U.S. sorghum growers fear China?s actions \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/66065-u-s-sorghum-growers-fear-china-s-actions-iowa-agribusiness-radio-network.md) | -1.8% | +2.8% |
| CORN | 2019-08-05 | [Chinese startle U.S. grain markets \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/6045-chinese-startle-u-s-grain-markets-iowa-agribusiness-radio-network.md) | -2.4% | -8.2% |

## Sources

- iowaagribusinessradionetwork.com: https://iowaagribusinessradionetwork.com/farm-bureau-examines-u-s-china-trade-pace-as-phase-one-winds-down/

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