# After the Bell | Soybeans surge on trade deal news - Pro Farmer

> Soybeans rose 23 cents to a 12-month high on reports that the US and China are close to a trade deal. December soymeal gained $4.10 to a nine-week high, and wheat rose to six-week highs with possible US wheat purchases by China. Cattle futures fell $6.75.

- Date: 2025-10-27 · published 2025-10-27T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/4790-after-the-bell-soybeans-surge-on-trade-deal-news-pro-farmer
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Expected Chinese purchases of US soybeans and wheat would lift export demand and US crush support. Trade deal uncertainty means the rally could reverse if talks stall.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBM | 2025-10-27 | 1 | +7.6% | 8.4 | Reports that the US and China are close to a trade deal sent soybeans to a 12-month high and soymeal to a nine-week high on 10/27, which fits the demand and sentiment driver of the one-day jump. |
| WHEAT | 2025-10-27 | 1 | +3.0% | 6.4 | Reports of a near US-China trade deal and possible Chinese purchases of US wheat pushed wheat to six-week highs on 2025-10-27, directly matching the move date and demand-driven mechanism. |
| LCATTLE | 2025-10-28 | 5 | -3.8% | -3.1 | Cattle futures fell $6.75 in the Oct 27 session, a large drop within the 5-day window. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-12-05 | [After the Bell \| December 5, 2022 - Pro Farmer](https://feedsoft.ai/events/6648-after-the-bell-december-5-2022-pro-farmer.md) | +3.1% | +3.4% |
| SOY | 2022-10-20 | [After the Bell \| October 20, 2022 - Pro Farmer](https://feedsoft.ai/events/8064-after-the-bell-october-20-2022-pro-farmer.md) | +0.7% | +4.1% |
| SOY | 2021-06-21 | [After the Bell \| June 21, 2021 - Pro Farmer](https://feedsoft.ai/events/7747-after-the-bell-june-21-2021-pro-farmer.md) | -4.7% | +2.3% |
| SOY | 2020-12-25 | [China's Nov soybean imports from U.S. surge on year after trade deal - Markets - Business Recorder](https://feedsoft.ai/events/49498-china-s-nov-soybean-imports-from-u-s-surge-on-year-after-trade-deal-markets.md) | +4.2% | +8.4% |
| SOY | 2026-09-01 | [After the Bell \| Grain and energy rally - Pro Farmer](https://feedsoft.ai/events/10977-after-the-bell-grain-and-energy-rally-pro-farmer.md) | +2.1% | +1.8% |
| SBM | 2022-12-05 | [After the Bell \| December 5, 2022 - Pro Farmer](https://feedsoft.ai/events/6648-after-the-bell-december-5-2022-pro-farmer.md) | +9.8% | +13.7% |
| SBM | 2020-12-25 | [China's Nov soybean imports from U.S. surge on year after trade deal - Markets - Business Recorder](https://feedsoft.ai/events/49498-china-s-nov-soybean-imports-from-u-s-surge-on-year-after-trade-deal-markets.md) | +2.9% | +4.6% |
| SBM | 2026-09-01 | [After the Bell \| Grain and energy rally - Pro Farmer](https://feedsoft.ai/events/10977-after-the-bell-grain-and-energy-rally-pro-farmer.md) | +2.9% | +7.2% |

## Sources

- profarmer.com: https://www.profarmer.com/news/after-bell/after-bell-soybeans-surge-trade-deal-news

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