# China falls short of U.S. trade commitments | The Western Producer

> China purchased $23.5 billion of U.S. agricultural products in 2020, well short of the $36.6 billion Phase 1 commitment, according to Peterson Institute data. Analysts said China was not focused on the pact and that the 2021 target may be reached mainly because commodity prices have risen.

- Date: 2021-01-22 · published 2021-01-22T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/49012-china-falls-short-of-u-s-trade-commitments-the-western-producer
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The shortfall signals weaker-than-committed Chinese demand for U.S. farm goods, though rising prices may help meet the 2021 target in dollar terms.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-04-24 | [Argentina touts its soymeal in China, seeking import approval \| The Western Producer](https://feedsoft.ai/events/59436-argentina-touts-its-soymeal-in-china-seeking-import-approval-the-western.md) | -2.4% | -4.6% |
| SOY | 2025-08-28 | [What Role Do Farm Products Have in U.S.-China Trade Deal?](https://feedsoft.ai/events/14641-what-role-do-farm-products-have-in-u-s-china-trade-deal.md) | -1.5% | -1.5% |
| 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 | 2018-12-05 | [China Stocks fall on trade concerns](https://feedsoft.ai/events/6920-china-stocks-fall-on-trade-concerns.md) | +0.9% | -0.2% |
| SOY | 2021-04-25 | [The U.S.-China Phase 1 Trade Agreement— Purchases of goods and services by China continue to lag dramatically behind commitments - WITA](https://feedsoft.ai/events/47454-the-u-s-china-phase-1-trade-agreement-purchases-of-goods-and-services-by-china.md) | +2.0% | -0.9% |
| CORN | 2021-08-19 | [China slow to comply in WTO tariff dispute \| The Western Producer](https://feedsoft.ai/events/45543-china-slow-to-comply-in-wto-tariff-dispute-the-western-producer.md) | -1.0% | -7.2% |
| 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 | 2021-04-25 | [The U.S.-China Phase 1 Trade Agreement— Purchases of goods and services by China continue to lag dramatically behind commitments - WITA](https://feedsoft.ai/events/47454-the-u-s-china-phase-1-trade-agreement-purchases-of-goods-and-services-by-china.md) | +13.6% | +6.9% |

## Sources

- producer.com: https://www.producer.com/news/china-falls-short-of-u-s-trade-commitments/

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