China signals another strong year of importing US soy

After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.

• Jun 8, 2022Yellen critical of US tariffs on China | 2022-06-08 | Agri-Pulse Communications, Inc.-1.7%
• Aug 10, 2020China soy-buying binge from US continues | 2020-08-10 | Agri-Pulse Communications, Inc.+3.8%
• Dec 31, 2020China heads to end of 2020 with big imports of US soy, wheat, sorghum and corn | 2020-12-31 | Agri-Pulse Communications, Inc.+4.4%
• Jul 22, 2020China ramps up US soy purchases on good prices | 2020-07-22 | Agri-Pulse Communications, Inc.+0.0%
• May 19, 2021China races to modernize pork production, pushing up corn and soy demand | 2021-05-18 | Agri-Pulse Communications, Inc.-4.0%

After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.

• Aug 10, 2020China soy-buying binge from US continues | 2020-08-10 | Agri-Pulse Communications, Inc.+3.5%
• Jul 22, 2020China ramps up US soy purchases on good prices | 2020-07-22 | Agri-Pulse Communications, Inc.+1.2%
• Sep 1, 2019The Trade War Is Creating a Windfall for Rivals of U.S. Soy in China-0.3%
• Feb 25, 2019China commits to buying additional US soybeans and possibly more-0.8%
• Jan 15, 2020China to significantly increase U.S. soybean imports after Phase 1 deal: Global Times+0.2%