# China’s soy purchases hit 12M tons to meet US pledge |  BusinessMirror

> China's soybean purchases from the US have reached about 12 million tons, meeting a commitment made under the US-China trade arrangement. The purchases follow a period of reduced Chinese buying amid tariff frictions.

- Date: 2026-11-01 · published 2026-11-01T18:05:20.140Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/28574-china-s-soy-purchases-hit-12m-tons-to-meet-us-pledge-businessmirror
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Large Chinese purchases of US soybeans support export demand and US soybean prices, tightening available supply for feed buyers. Continued buying would underpin soymeal costs.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-01-20 | [China Buy 12 Million Tons of US Soybeans, Meets Key Trade Pledge - Bloomberg](https://feedsoft.ai/events/14608-china-buy-12-million-tons-of-us-soybeans-meets-key-trade-pledge-bloomberg.md) | +0.4% | +7.2% |
| SOY | 2020-06-02 | [China buys U.S. soybeans after halt to U.S. purchases ordered: sources](https://feedsoft.ai/events/52462-china-buys-u-s-soybeans-after-halt-to-u-s-purchases-ordered-sources.md) | +2.9% | +3.1% |
| SOY | 2026-01-06 | [China buys more US soybeans, total purchases approach 10 million tons \| Reuters](https://feedsoft.ai/events/14610-china-buys-more-us-soybeans-total-purchases-approach-10-million-tons-reuters.md) | -1.4% | +1.8% |
| SOY | 2020-02-21 | [To meet goals, China will be 'ramping up' U.S. ag purchases, says Perdue](https://feedsoft.ai/events/54477-to-meet-goals-china-will-be-ramping-up-u-s-ag-purchases-says-perdue.md) | -0.7% | -5.5% |
| SOY | 2020-05-12 | [China Steps Up US Soybean Buying With Million-Ton Purchase - TT](https://feedsoft.ai/events/52986-china-steps-up-us-soybean-buying-with-million-ton-purchase-tt.md) | -0.9% | +1.3% |
| SBM | 2018-08-07 | [China may have to resume U.S. soybean purchases in weeks: Oil World](https://feedsoft.ai/events/63416-china-may-have-to-resume-u-s-soybean-purchases-in-weeks-oil-world.md) | -0.7% | -6.6% |
| SBM | 2017-07-11 | [China to buy U.S. soybeans to meet market demand \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/69821-china-to-buy-u-s-soybeans-to-meet-market-demand-iowa-agribusiness-radio-network.md) | -4.3% | -8.4% |
| SBM | 2026-08-03 | [EXCLUSIVE: Chinese state traders make large US soybean purchases \| Reuters](https://feedsoft.ai/events/14553-exclusive-chinese-state-traders-make-large-us-soybean-purchases-reuters.md) | -0.8% | +8.2% |

## Sources

- businessmirror.com.ph: https://businessmirror.com.ph/2026/01/21/chinas-soy-purchases-hit-12m-tons-to-meet-us-pledge/

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