# US-China trade: soybeans, corn and cars surge, but Beijing still not close to meeting demands of deal | South China Morning Post

> Analysis of U.S. customs data shows China's purchases of goods under the Phase One deal rose 25% in August versus June. Corn sales to China soared 513% and soybean sales rose 432% over the same period, though total commitments remain far from met.

- Date: 2020-09-28 · published 2020-09-28T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/50984-us-china-trade-soybeans-corn-and-cars-surge-but-beijing-still-not-close-to
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Rapid buying lifts U.S. corn and soybean export demand, but a large gap to Phase One commitments leaves the risk that purchases slow if trade relations sour. Price support depends on whether buying is sustained into the U.S. election period.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-08-06 | [China buys at least 10 more cargoes of US soybeans, traders say \| South China Morning Post](https://feedsoft.ai/events/14558-china-buys-at-least-10-more-cargoes-of-us-soybeans-traders-say-south-china.md) | +1.2% | +13.0% |
| SOY | 2026-07-31 | [Chinese buyers acquire US soybeans for October-November, traders say \| South China Morning Post](https://feedsoft.ai/events/14561-chinese-buyers-acquire-us-soybeans-for-october-november-traders-say-south-china.md) | -1.7% | +6.7% |
| SOY | 2019-12-19 | [Trade war: China buys US soybeans after fresh round of tariff waivers, but will it be the last for some time? \| South China Morning Post](https://feedsoft.ai/events/55445-trade-war-china-buys-us-soybeans-after-fresh-round-of-tariff-waivers-but-will.md) | +1.0% | +0.1% |
| SOY | 2019-07-25 | [As US-China trade talks resume, how much demand does Beijing have for American farm goods? \| South China Morning Post](https://feedsoft.ai/events/57952-as-us-china-trade-talks-resume-how-much-demand-does-beijing-have-for-american.md) | -3.0% | -3.4% |
| SOY | 2018-03-02 | [China could target US soybeans in a trade dispute, but Beijing is holding off for now](https://feedsoft.ai/events/65867-china-could-target-us-soybeans-in-a-trade-dispute-but-beijing-is-holding-off.md) | -0.4% | -1.2% |
| CORN | 2020-09-17 | [Soybeans at 27-month high on Chinese demand, corn dips \| Financial Post](https://feedsoft.ai/events/9343-soybeans-at-27-month-high-on-chinese-demand-corn-dips-financial-post.md) | -0.3% | +4.1% |
| CORN | 2018-12-04 | [Soybeans, corn up, still waiting for trade deal details - Brownfield Ag News](https://feedsoft.ai/events/5833-soybeans-corn-up-still-waiting-for-trade-deal-details-brownfield-ag-news.md) | +0.5% | +2.6% |
| CORN | 2020-08-01 | [China’s agricultural imports surge in June, as worsening US ties stoke fears of supply disruptions \| South China Morning Post](https://feedsoft.ai/events/51478-china-s-agricultural-imports-surge-in-june-as-worsening-us-ties-stoke-fears-of.md) | -1.4% | +7.2% |

## Sources

- scmp.com: https://www.scmp.com/economy/china-economy/article/3103377/us-china-trade-soybeans-corn-and-cars-surge-beijing-still-not

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