# China's largest US soybean buy in 2 years buoys prices, triggers sales by struggling farmers | Reuters

> China confirmed purchases of nearly 1.6 million metric tons of U.S. soybeans over three days, its largest buy in two years. CBOT soybean futures rallied to their highest since June 2024, and the U.S. premium over Brazilian beans widened sharply.

- Date: 2025-11-21 · published 2025-11-21T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/21979-china-s-largest-us-soybean-buy-in-2-years-buoys-prices-triggers-sales-by
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Large Chinese buying tightens U.S. old-crop supplies and lifts futures, while the steep premium makes U.S. beans uncompetitive for buyers like Turkey and Vietnam, which may shift demand toward Brazil.

## Read by commodity

- SBM: neutral
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-08-11 | [US soybean prices jump after Trump urges China to quadruple orders \| Reuters](https://feedsoft.ai/events/12446-us-soybean-prices-jump-after-trump-urges-china-to-quadruple-orders-reuters.md) | +5.7% | +4.8% |
| SOY | 2021-06-18 | [Reuters: China scoops up U.S. soybeans on price plunge - Pro Farmer](https://feedsoft.ai/events/46429-reuters-china-scoops-up-u-s-soybeans-on-price-plunge-pro-farmer.md) | +3.1% | +9.4% |
| SOY | 2026-10-14 | [Exclusive-China buys 8-10 US soybean cargoes in first deals since Trump-Xi summit, sources say By Reuters](https://feedsoft.ai/events/14536-exclusive-china-buys-8-10-us-soybean-cargoes-in-first-deals-since-trump-xi.md) | -2.3% | — |
| SOY | 2020-04-23 | [Falling prices buoys China’s purchases of US soybeans \| 2020-04-23  \| World Grain](https://feedsoft.ai/events/53505-falling-prices-buoys-china-s-purchases-of-us-soybeans-2020-04-23-world-grain.md) | -0.4% | +1.4% |
| SOY | 2023-11-07 | [EXCLUSIVE: China makes largest US soy purchases in months -traders \| Reuters](https://feedsoft.ai/events/14795-exclusive-china-makes-largest-us-soy-purchases-in-months-traders-reuters.md) | +2.1% | -2.6% |
| SBM | 2026-10-14 | [Exclusive-China buys 8-10 US soybean cargoes in first deals since Trump-Xi summit, sources say By Reuters](https://feedsoft.ai/events/14536-exclusive-china-buys-8-10-us-soybean-cargoes-in-first-deals-since-trump-xi.md) | -4.3% | — |
| SBM | 2025-08-29 | [China boosts soybean buys from Argentina, Uruguay amid US trade war, sources say \| Reuters](https://feedsoft.ai/events/14639-china-boosts-soybean-buys-from-argentina-uruguay-amid-us-trade-war-sources-say.md) | -2.7% | -6.0% |
| SBM | 2018-11-12 | [U.S. soybean farmers hang on for dear life in Trump's China trade war](https://feedsoft.ai/events/62097-u-s-soybean-farmers-hang-on-for-dear-life-in-trump-s-china-trade-war.md) | +1.7% | +1.1% |

## Sources

- reuters.com: https://www.reuters.com/world/china/chinas-largest-us-soybean-buy-2-years-buoys-prices-triggers-sales-by-struggling-2025-11-21/

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