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USDA reported a flash sale of 13.7 million bushels of soybeans to unknown destinations, with 2.2 million old-crop and 11.5 million new-crop bushels. Traders believe China was the buyer, and US new-crop soybean prices had fallen below Brazil's.
A large likely Chinese purchase supports US soybean export demand and prices, especially with US prices now competitive against Brazilian supply.
agweb.comMichelle RookJun 17, 2026After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
