# Reuters: China scoops up U.S. soybeans on price plunge - Pro Farmer

> China's state-owned importers bought at least eight cargoes, about 480,000 tonnes, of U.S. soybeans for shipment mostly in October after new-crop futures fell to their lowest since March. Traders noted deals for up to 14 cargoes were under consideration, and China is restocking feed supplies for its hog herd.

- Date: 2021-06-18 · published 2021-06-18T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/46429-reuters-china-scoops-up-u-s-soybeans-on-price-plunge-pro-farmer
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Large Chinese purchases on the price dip support new-crop U.S. soybean values and signal renewed demand after a slowdown in spring buying.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-02-04 | [China scoops up U.S. soybeans for next year but corn plans unclear](https://feedsoft.ai/events/14954-china-scoops-up-u-s-soybeans-for-next-year-but-corn-plans-unclear.md) | +1.9% | +8.5% |
| SOY | 2025-11-17 | [Exclusive: China snaps up US soybeans after pledge to Trump, but at high price, traders say \| Reuters](https://feedsoft.ai/events/7888-exclusive-china-snaps-up-us-soybeans-after-pledge-to-trump-but-at-high-price.md) | +1.1% | -3.7% |
| SOY | 2025-11-21 | [China's largest US soybean buy in 2 years buoys prices, triggers sales by struggling farmers \| Reuters](https://feedsoft.ai/events/21979-china-s-largest-us-soybean-buy-in-2-years-buoys-prices-triggers-sales-by.md) | +1.4% | -6.5% |
| SOY | 2020-07-14 | [China books record U.S. corn purchase, also buys soybeans \| Reuters](https://feedsoft.ai/events/51978-china-books-record-u-s-corn-purchase-also-buys-soybeans-reuters.md) | +3.0% | +0.0% |
| 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% |

## Sources

- profarmer.com: https://www.profarmer.com/news/agriculture-news/reuters-china-scoops-u-s-soybeans-price-plunge

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