# Soybeans Rally as China Finally Buys, Will They Buy Corn? Cattle Surge on Higher Cash, Cutouts

> Soybean futures rallied after reports that China had begun buying US new-crop soybeans. Cattle prices also surged on higher cash trade and cutout values.

- Date: 2026-07-01 · published 2026-07-01T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/18826-soybeans-rally-as-china-finally-buys-will-they-buy-corn-cattle-surge-on-higher
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Chinese purchases of US soybeans support export demand and prices, while stronger cattle cash and cutout values point to firm beef and feeder cattle prices.

## Read by commodity

- SOY: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SOY | 2026-07-06 | 5 | +7.2% | 3.2 | Reports that China began buying US new-crop soybeans lifted futures by reviving export demand expectations. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-02-05 | [Soybeans Rally on Additional China Purchases: Will They Really Buy? - AgWeb](https://feedsoft.ai/events/20642-soybeans-rally-on-additional-china-purchases-will-they-really-buy-agweb.md) | +2.9% | +6.5% |
| SOY | 2026-04-10 | [Soybeans Surge with Meal, Corn Falls: Cattle Make New Highs - AgWeb](https://feedsoft.ai/events/11665-soybeans-surge-with-meal-corn-falls-cattle-make-new-highs-agweb.md) | -0.1% | +1.0% |
| SOY | 2026-10-23 | [Soybeans Finally Bounce, Corn Fails But are the Lows Close? Cattle Correct](https://feedsoft.ai/events/17152-soybeans-finally-bounce-corn-fails-but-are-the-lows-close-cattle-correct.md) | -2.9% | — |
| SOY | 2018-07-31 | [Soybeans surge on weather, talks with China - Brownfield Ag News](https://feedsoft.ai/events/64054-soybeans-surge-on-weather-talks-with-china-brownfield-ag-news.md) | +0.3% | -4.6% |
| SOY | 2025-10-23 | [Grains Rally as Trump Touts China Deal: Cattle Try to Recover as U.S. to Buy Argentina Beef - AgWeb](https://feedsoft.ai/events/5434-grains-rally-as-trump-touts-china-deal-cattle-try-to-recover-as-u-s-to-buy.md) | +4.4% | +9.8% |
| LCATTLE | 2026-04-10 | [Soybeans Surge with Meal, Corn Falls: Cattle Make New Highs - AgWeb](https://feedsoft.ai/events/11665-soybeans-surge-with-meal-corn-falls-cattle-make-new-highs-agweb.md) | +0.8% | +2.1% |
| LCATTLE | 2018-05-21 | [Trade truce with China could boost US beef, soybeans and other agriculture products](https://feedsoft.ai/events/64915-trade-truce-with-china-could-boost-us-beef-soybeans-and-other-agriculture.md) | -1.8% | -0.1% |
| LCATTLE | 2019-09-27 | [Cattle futures surge as trade grows bullish on potential U.S. exports to Japan](https://feedsoft.ai/events/57214-cattle-futures-surge-as-trade-grows-bullish-on-potential-u-s-exports-to-japan.md) | +3.3% | +7.5% |

## Sources

- agweb.com: https://www.agweb.com/markets/market-analysis/soybeans-rally-china-finally-buys-will-they-buy-corn-cattle-surge-higher-

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