# Column: Record new-crop U.S. soybean sales fly under radar versus China’s corn haul

> USDA confirmed sales of 5.85 million tonnes of U.S. corn to China for 2020-21 delivery in its daily reporting system last week. Mixed in were two smaller soybean sales to China of 132,000 tonnes each for 2021-22 delivery.

- Date: 2021-02-02 · published 2021-02-02T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/48470-column-record-new-crop-u-s-soybean-sales-fly-under-radar-versus-china-s-corn
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Large Chinese corn purchases tighten U.S. old-crop supplies and support corn prices, while the modest new-crop soybean sales signal limited near-term demand for the next crop.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-12-05 | [Looking at the US soybean sales to China \| MEAT+POULTRY](https://feedsoft.ai/events/14619-looking-at-the-us-soybean-sales-to-china-meat-poultry.md) | -2.3% | -6.5% |
| SOY | 2019-04-24 | [Argentina seeks soybean sales in China - DatamarNews](https://feedsoft.ai/events/59437-argentina-seeks-soybean-sales-in-china-datamarnews.md) | -2.4% | -4.6% |
| SOY | 2018-10-23 | [Is Southeast Asia China's new middleman for US soybeans? - Nikkei Asia](https://feedsoft.ai/events/62402-is-southeast-asia-china-s-new-middleman-for-us-soybeans-nikkei-asia.md) | -2.3% | +1.8% |
| SOY | 2026-09-07 | [Ahead of Xi's US visit, China's soybean crushers face high costs, weak margins \| Reuters](https://feedsoft.ai/events/17463-ahead-of-xi-s-us-visit-china-s-soybean-crushers-face-high-costs-weak-margins.md) | -0.7% | -1.0% |
| SOY | 2021-03-17 | [Nearby Corn Futures Firm as USDA Reports Big Sales to China - AgWeb](https://feedsoft.ai/events/5125-nearby-corn-futures-firm-as-usda-reports-big-sales-to-china-agweb.md) | 0.0% | -0.9% |
| CORN | 2020-07-31 | [Column: U.S. corn, soybean export sales smash July records on huge China deals](https://feedsoft.ai/events/5319-column-u-s-corn-soybean-export-sales-smash-july-records-on-huge-china-deals.md) | -0.7% | +7.0% |
| CORN | 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) | -1.1% | -3.2% |
| CORN | 2020-05-05 | [China and Mexico Buy U.S. Corn and Soybeans \| Red River Farm Network](https://feedsoft.ai/events/53115-china-and-mexico-buy-u-s-corn-and-soybeans-red-river-farm-network.md) | +0.1% | +1.4% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-soybeans-braun/column-record-new-crop-u-s-soybean-sales-fly-under-radar-versus-chinas-corn-haul-idUSKBN2A21SR/
- vermilionstandard.com: https://www.vermilionstandard.com/news/canola-farmers-rejoice-as-global-demand-pushes-prices-to-13-year-high

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