China Tariff Warning Doesn't Phase Soybean Market

After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.

• Oct 23, 2019Chinese Buyers Return to Market for U.S. Soy After Tariff Waivers Granted - Caixin Global-1.7%
• Oct 24, 2022China's monthly soybean imports jump | World Grain-0.6%
• Jul 24, 2019China Approves Tariff-Free U.S. Soybean Purchases as Goodwill - Bloomberg-0.8%
• Oct 26, 2026China’s Soybean Buying Picks Up, But a Tariff Wall Still Blocks Full Trade Recovery-1.5%
• Sep 25, 2025China says it will resume US soybean purchases following a rollback in tariffs | S&P Global+0.4%

After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.

• Oct 23, 2019Chinese Buyers Return to Market for U.S. Soy After Tariff Waivers Granted - Caixin Global-1.3%
• Oct 24, 2022China's monthly soybean imports jump | World Grain+1.8%
• Nov 2, 2016USDA: China’s soybean imports, feed use expected to increase+2.0%
• Oct 29, 2026Wheat Sales Hit Marketing-Year High Weekly | Feed & Grain-3.3%
• Jan 28, 2021U.S. Soybean Crushers Buy Up Extra Beans | Feed & Grain+0.4%