# Soybeans still China's top U.S. ag import - Best Soil Amendments

> Soybeans are expected to remain the top U.S. agricultural export to China in 2020 despite a USDA November forecast cutting U.S. soybean production to 4.17 billion bushels after yield losses, including from an August derecho. Iowa State economists also say China exceeded its corn tariff-rate quota for the first time since 1996.

- Date: 2020-12-09 · published 2020-12-09T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/49500-soybeans-still-china-s-top-u-s-ag-import-best-soil-amendments
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower U.S. soybean output combined with strong Chinese demand supports soybean prices, while China exceeding its corn quota signals heavy import pull for corn.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-11-10 | [China soybean imports top 100 million tonnes](https://feedsoft.ai/events/33166-china-soybean-imports-top-100-million-tonnes.md) | +2.4% | -1.8% |
| SOY | 2024-09-10 | [China Aug soybean imports at record 12.14mn tons](https://feedsoft.ai/events/14717-china-aug-soybean-imports-at-record-12-14mn-tons.md) | +0.5% | +3.4% |
| SOY | 2025-12-09 | [China buys U.S. soybeans after Trump trade agreement](https://feedsoft.ai/events/14615-china-buys-u-s-soybeans-after-trump-trade-agreement.md) | -2.0% | -3.7% |
| SOY | 2023-01-17 | [China’s December soybean imports jump](https://feedsoft.ai/events/37768-china-s-december-soybean-imports-jump.md) | -3.1% | +0.3% |
| SOY | 2018-03-03 | [China soybean buyers will cope if U.S. trade spat hits imports: New Hope](https://feedsoft.ai/events/65861-china-soybean-buyers-will-cope-if-u-s-trade-spat-hits-imports-new-hope.md) | -3.0% | -2.4% |
| CORN | 2017-10-27 | [US export report: China buys soybeans / Spain buys](https://feedsoft.ai/events/68330-us-export-report-china-buys-soybeans-spain-buys.md) | -0.2% | -5.4% |
| CORN | 2017-09-13 | [Soybeans supported by new export sale to China - Brownfield Ag News](https://feedsoft.ai/events/68860-soybeans-supported-by-new-export-sale-to-china-brownfield-ag-news.md) | +1.3% | +4.7% |
| CORN | 2021-04-13 | [China's Q1 soybean, grains imports surge on strong demand](https://feedsoft.ai/events/11178-china-s-q1-soybean-grains-imports-surge-on-strong-demand.md) | +1.5% | +23.9% |

## Sources

- bestsoilamendments.com: https://bestsoilamendments.com/soybeans-still-chinas-top-u-s-ag-import/

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