# Trump trade war sinking key commodity exports like pork and soybeans

> US soybean and pork export sales to China fell sharply in the week of April 11-17, with net soybean sales down 50% week over week and net pork sales down 72%. The USDA data show the decline is tied to tariffs, with no explicit farm relief announced yet. The trade war is seen as larger than the 2018 dispute.

- Date: 2025-04-26 · published 2025-04-26T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/25130-trump-trade-war-sinking-key-commodity-exports-like-pork-and-soybeans
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lost Chinese demand for US soybeans and pork weakens US export flows and pressures soybean and hog prices. Sustained losses would shift soybean trade toward Brazil and could add pressure to feed-grain balances.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-12-03 | [Trump’s trade war sees US soybean exports heading south](https://feedsoft.ai/events/61762-trump-s-trade-war-sees-us-soybean-exports-heading-south.md) | +1.7% | +0.0% |
| SOY | 2019-05-29 | [Local ports see 'dramatic hit' to soybean exports during US-China trade war](https://feedsoft.ai/events/59104-local-ports-see-dramatic-hit-to-soybean-exports-during-us-china-trade-war.md) | +3.0% | +5.5% |
| SOY | 2019-11-06 | [Panamax rates slide as trade war bites into US soybean exports to China](https://feedsoft.ai/events/56287-panamax-rates-slide-as-trade-war-bites-into-us-soybean-exports-to-china.md) | -1.7% | -4.7% |
| SOY | 2018-11-22 | [Trump's China trade war forces U.S. soybeans to take costly detour](https://feedsoft.ai/events/62091-trump-s-china-trade-war-forces-u-s-soybeans-to-take-costly-detour.md) | +0.5% | +0.2% |
| SOY | 2024-07-31 | [Commodity flows at risk should Trump spark tit-for-tat trade war \| Reuters](https://feedsoft.ai/events/14736-commodity-flows-at-risk-should-trump-spark-tit-for-tat-trade-war-reuters.md) | +0.1% | -5.8% |
| HOGS | 2018-10-29 | [Soybean, pork farmers hurt most by trade war](https://feedsoft.ai/events/62549-soybean-pork-farmers-hurt-most-by-trade-war.md) | -0.1% | -4.8% |
| HOGS | 2019-05-16 | [Trade war, ASF disrupting US soybean, pork producers \| Feed Strategy](https://feedsoft.ai/events/59080-trade-war-asf-disrupting-us-soybean-pork-producers-feed-strategy.md) | -0.4% | -8.9% |
| HOGS | 2018-11-13 | [Trump's trade war plunging demand for chicken as cheap pork fills the shelves
						 \| The Poultry Site](https://feedsoft.ai/events/62197-trump-s-trade-war-plunging-demand-for-chicken-as-cheap-pork-fills-the-shelves.md) | +2.5% | -4.5% |

## Sources

- axios.com: https://www.axios.com/2025/04/26/trump-china-soybeans-pork-tariffs

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