# ExportPlanning - US-China Phase One Deal: Tracking Progress H1-2021 - ExportPlanning

> An analysis of US-China Phase One deal progress in the first half of 2021 finds US exports to China falling short of targets. The agreement's 2020 and 2021 purchase commitments are judged unlikely to be fully met with six months left.

- Date: 2021-07-29 · published 2021-07-29T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/45923-exportplanning-us-china-phase-one-deal-tracking-progress-h1-2021-exportplanning
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Persistent shortfalls in Chinese purchases of US farm goods weaken the demand outlook for US soybeans, corn and sorghum, though the analysis itself reports no new policy action.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-10-27 | [Trump's phase one trade deal with China and the US election \| PIIE](https://feedsoft.ai/events/50504-trump-s-phase-one-trade-deal-with-china-and-the-us-election-piie.md) | -3.4% | +9.5% |
| SOY | 2022-02-09 | [Plunge in U.S. soy exports to China in 2021 exposes Phase 1 flaws  \| Reuters](https://feedsoft.ai/events/14955-plunge-in-u-s-soy-exports-to-china-in-2021-exposes-phase-1-flaws-reuters.md) | -1.1% | +7.5% |
| SOY | 2021-12-23 | [China to fall short on promises to U.S. as trade deal ends](https://feedsoft.ai/events/14969-china-to-fall-short-on-promises-to-u-s-as-trade-deal-ends.md) | -0.1% | +6.4% |
| 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 | 2021-07-26 | [Protein pinch: China's soybean imports to slow over rest of 2021 on curbed meal use](https://feedsoft.ai/events/45921-protein-pinch-china-s-soybean-imports-to-slow-over-rest-of-2021-on-curbed-meal.md) | +1.0% | -7.7% |
| CORN | 2020-10-27 | [Trump's phase one trade deal with China and the US election \| PIIE](https://feedsoft.ai/events/50504-trump-s-phase-one-trade-deal-with-china-and-the-us-election-piie.md) | -3.7% | +6.9% |
| CORN | 2021-09-01 | [China’s bumper harvest may cool corn-buying binge, impact progress of US trade deal \| South China Morning Post](https://feedsoft.ai/events/44955-china-s-bumper-harvest-may-cool-corn-buying-binge-impact-progress-of-us-trade.md) | -5.3% | -8.2% |
| CORN | 2021-12-23 | [China to fall short on promises to U.S. as trade deal ends](https://feedsoft.ai/events/14969-china-to-fall-short-on-promises-to-u-s-as-trade-deal-ends.md) | -0.7% | +3.1% |

## Sources

- exportplanning.com: https://www.exportplanning.com/magazine-us/article/2021/07/29/us-china-phase-one-deal-tracking-progress-h1-2021/

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