# The U.S.-China Phase 1 Trade Agreement— Purchases of goods and services by China continue to lag dramatically behind commitments - WITA

> WITA reports that China's purchases of US goods under the Phase 1 agreement continue to lag commitments in the second year. Implementation of non-tariff and intellectual property provisions remains unclear.

- Date: 2021-04-25 · published 2021-04-25T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/47454-the-u-s-china-phase-1-trade-agreement-purchases-of-goods-and-services-by-china
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Persistent purchase shortfalls reduce confidence that China will absorb additional US grain and oilseed volumes, a modest bearish risk to US export-led prices.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-04-27 | [US-China phase one tracker: China’s purchases of US goods - WITA](https://feedsoft.ai/events/47449-us-china-phase-one-tracker-china-s-purchases-of-us-goods-wita.md) | -0.6% | -2.9% |
| SOY | 2021-08-24 | [China’s "Phase One" trade commitments expire soon, then what? - Brownfield Ag News](https://feedsoft.ai/events/45415-china-s-phase-one-trade-commitments-expire-soon-then-what-brownfield-ag-news.md) | +0.8% | -1.5% |
| SOY | 2021-01-22 | [China falls short of U.S. trade commitments \| The Western Producer](https://feedsoft.ai/events/49012-china-falls-short-of-u-s-trade-commitments-the-western-producer.md) | -1.2% | +0.5% |
| SOY | 2026-01-20 | [China meets initial soybean purchase goal, but trade agreement faces uncertainty \| AP News](https://feedsoft.ai/events/14611-china-meets-initial-soybean-purchase-goal-but-trade-agreement-faces-uncertainty.md) | +0.4% | +7.2% |
| SOY | 2020-01-15 | [What's in the U.S.-China Phase 1 trade deal](https://feedsoft.ai/events/54939-what-s-in-the-u-s-china-phase-1-trade-deal.md) | -1.6% | -3.9% |
| CORN | 2021-04-27 | [US-China phase one tracker: China’s purchases of US goods - WITA](https://feedsoft.ai/events/47449-us-china-phase-one-tracker-china-s-purchases-of-us-goods-wita.md) | +4.7% | -1.2% |
| CORN | 2021-08-24 | [China’s "Phase One" trade commitments expire soon, then what? - Brownfield Ag News](https://feedsoft.ai/events/45415-china-s-phase-one-trade-commitments-expire-soon-then-what-brownfield-ag-news.md) | -0.4% | -10.1% |
| CORN | 2021-01-22 | [China falls short of U.S. trade commitments \| The Western Producer](https://feedsoft.ai/events/49012-china-falls-short-of-u-s-trade-commitments-the-western-producer.md) | +3.6% | +2.1% |

## Sources

- wita.org: https://www.wita.org/blogs/us-china-phase-1-trade-agreement/

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