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Soybean futures rallied after reports of additional Chinese purchases. Analysts estimated the added demand at about 8 million metric tons, roughly 294 million bushels, which was not previously expected.
Sizable new export demand from China tightens the U.S. soybean balance and supports prices, though doubts remain about whether the purchases will be completed.
After 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.