# China Tariff Warning Doesn't Phase Soybean Market | Feed & Grain

> Chinese media suggested Beijing may impose tariffs on US soybean imports, but CBOT soybean and meal futures rose on November 30, with soybeans settling 5.75 cents higher at $10.2825 per bushel. Brokers said a Chinese tariff was unlikely and infeasible.

- Date: 2020-12-01 · published 2020-12-01T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/49726-china-tariff-warning-doesn-t-phase-soybean-market-feed-and-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tariff threats normally weigh on soybeans, but the market's dismissal of the risk limits downside and keeps prices supported.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-10-23 | [Chinese Buyers Return to Market for U.S. Soy After Tariff Waivers Granted - Caixin Global](https://feedsoft.ai/events/56424-chinese-buyers-return-to-market-for-u-s-soy-after-tariff-waivers-granted-caixin.md) | -1.7% | -2.4% |
| SOY | 2022-10-24 | [China's monthly soybean imports jump \| World Grain](https://feedsoft.ai/events/14892-china-s-monthly-soybean-imports-jump-world-grain.md) | -0.6% | +2.3% |
| SOY | 2019-07-24 | [China Approves Tariff-Free U.S. Soybean Purchases as Goodwill - Bloomberg](https://feedsoft.ai/events/57946-china-approves-tariff-free-u-s-soybean-purchases-as-goodwill-bloomberg.md) | -0.8% | -3.4% |
| SOY | 2026-10-26 | [China’s Soybean Buying Picks Up, But a Tariff Wall Still Blocks Full Trade Recovery](https://feedsoft.ai/events/14538-china-s-soybean-buying-picks-up-but-a-tariff-wall-still-blocks-full-trade.md) | -1.5% | — |
| SOY | 2025-09-25 | [China says it will resume US soybean purchases following a rollback in tariffs \| S&P Global](https://feedsoft.ai/events/14636-china-says-it-will-resume-us-soybean-purchases-following-a-rollback-in-tariffs.md) | +0.4% | +2.6% |
| SBM | 2019-10-23 | [Chinese Buyers Return to Market for U.S. Soy After Tariff Waivers Granted - Caixin Global](https://feedsoft.ai/events/56424-chinese-buyers-return-to-market-for-u-s-soy-after-tariff-waivers-granted-caixin.md) | -1.3% | -1.6% |
| SBM | 2022-10-24 | [China's monthly soybean imports jump \| World Grain](https://feedsoft.ai/events/14892-china-s-monthly-soybean-imports-jump-world-grain.md) | +1.8% | -1.8% |
| SBM | 2016-11-02 | [USDA: China’s soybean imports, feed use expected to increase](https://feedsoft.ai/events/73840-usda-china-s-soybean-imports-feed-use-expected-to-increase.md) | +2.0% | +0.5% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-supply-chain/news/15398238/china-tariff-warning-doesnt-phase-soybean-market

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