Tariffs, in the way of larger China purchases of US soybeans: market sources

After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.

• May 9, 2018China cutting US soybean purchases in face of tariffs threat | AP News+0.7%
• Sep 22, 2023China cuts soybean purchases from the US in August+0.5%
• Jun 1, 2020China asks state firms to halt purchases of U.S. soybeans, pork, sources say+3.2%
• Mar 9, 2018China says U.S. soybeans 'prime target' over tariffs: trade group-1.2%
• Aug 11, 2025US soybean market skeptical China will follow through on Trump’s purchase request+5.7%

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

• Jun 2, 2020China buys U.S. soybeans after halt to U.S. purchases ordered: sources+1.9%
• Apr 9, 2025Wave of US soybeans set to reach China's shores despite tariffs+1.4%
• Mar 25, 2020China's purchase of US soybeans spike in Jan-Feb under phase one deal-3.2%
• Mar 9, 2018China says U.S. soybeans 'prime target' over tariffs: trade group-2.5%
• Sep 12, 2019Ahead of trade talks, China makes biggest US soybean purchases since June, traders say+0.7%