# China, US maintain trade contract - Global Times

> China's Ministry of Commerce said bilateral trade with the US rose 40% year on year in the first seven months of 2021, and it urged efforts to implement the Phase One deal. Agricultural trade is described as the main component of that implementation, and a US soybean export conference was held that week.

- Date: 2021-08-26 · published 2021-08-26T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/45417-china-us-maintain-trade-contract-global-times
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Continued Chinese commitment to Phase One purchases supports ongoing demand for US soybeans, corn and other feed ingredients.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-02-18 | [China takes steps to make good on trade deal](https://feedsoft.ai/events/54482-china-takes-steps-to-make-good-on-trade-deal.md) | -2.2% | -8.1% |
| SOY | 2021-04-27 | [Chinese Demand Drives Global Soybean Trade - Trade Data Monitor](https://feedsoft.ai/events/47451-chinese-demand-drives-global-soybean-trade-trade-data-monitor.md) | -0.6% | -2.9% |
| SOY | 2025-10-27 | [U.S. grains: Soy hits four-month high on hopes for China trade deal - Manitoba Co-operator](https://feedsoft.ai/events/22452-u-s-grains-soy-hits-four-month-high-on-hopes-for-china-trade-deal-manitoba-co.md) | +5.6% | +8.0% |
| SOY | 2019-02-28 | [US-China trade talks continue to progress \| 2019-02-28  \| MEAT+POULTRY](https://feedsoft.ai/events/60585-us-china-trade-talks-continue-to-progress-2019-02-28-meat-poultry.md) | -1.5% | -1.8% |
| SOY | 2019-11-29 | [U.S. Soy’s Flowing Into China Again as Port Congestion Eases - Caixin Global](https://feedsoft.ai/events/55907-u-s-soy-s-flowing-into-china-again-as-port-congestion-eases-caixin-global.md) | +0.3% | +5.4% |
| CORN | 2020-02-18 | [China takes steps to make good on trade deal](https://feedsoft.ai/events/54482-china-takes-steps-to-make-good-on-trade-deal.md) | -1.7% | -3.5% |
| CORN | 2021-03-19 | [China tariff on Australia's barley reshapes global trade - Nikkei Asia](https://feedsoft.ai/events/12404-china-tariff-on-australia-s-barley-reshapes-global-trade-nikkei-asia.md) | +11.4% | +14.1% |
| CORN | 2025-10-27 | [U.S. grains: Soy hits four-month high on hopes for China trade deal - Manitoba Co-operator](https://feedsoft.ai/events/22452-u-s-grains-soy-hits-four-month-high-on-hopes-for-china-trade-deal-manitoba-co.md) | +1.4% | +2.7% |

## Sources

- globaltimes.cn: https://www.globaltimes.cn/page/202108/1232571.shtml

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