# China is far behind farm purchases needed to fulfill terms of trade deal with U.S. - Medill News Service

> China bought less than a quarter of its $36.6 billion annual U.S. agricultural import target in the first half of 2020, according to Chinese customs data. Analysts say the commitment is still reachable but difficult, given discounted Brazilian crops and weak prices.

- Date: 2020-08-17 · published 2020-08-17T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/51476-china-is-far-behind-farm-purchases-needed-to-fulfill-terms-of-trade-deal-with-u
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expected Chinese purchases of U.S. corn and soybeans in the second half could support U.S. prices if the phase one target is pursued. Doubts about fulfilment add uncertainty to export demand.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-12-07 | [U.S. trade chief says China has complied with terms of trade deals \| Fortune](https://feedsoft.ai/events/14616-u-s-trade-chief-says-china-has-complied-with-terms-of-trade-deals-fortune.md) | -2.6% | -5.7% |
| SOY | 2020-07-14 | [China Makes Record U.S. Corn Purchase \| Farm Policy News \| Illinois](https://feedsoft.ai/events/51985-china-makes-record-u-s-corn-purchase-farm-policy-news-illinois.md) | +3.0% | +0.0% |
| SOY | 2021-10-04 | [Why Biden will try to enforce Trump’s phase one trade deal with China \| PIIE](https://feedsoft.ai/events/44413-why-biden-will-try-to-enforce-trump-s-phase-one-trade-deal-with-china-piie.md) | -0.3% | -0.9% |
| SOY | 2025-11-06 | [China begins limited purchases of U.S. farm goods after Trump-Xi meet \| Reuters](https://feedsoft.ai/events/8212-china-begins-limited-purchases-of-u-s-farm-goods-after-trump-xi-meet-reuters.md) | +0.1% | -0.0% |
| SOY | 2026-06-25 | [Better late than never: China working to fulfill U.S. soybean deal](https://feedsoft.ai/events/18825-better-late-than-never-china-working-to-fulfill-u-s-soybean-deal.md) | -0.1% | +8.7% |
| CORN | 2023-03-26 | [“A Flurry of Chinese Purchases of U.S. Corn,” as Brazil Seeks Further Ag Trade Opening with China \| Farm Policy News \| Illinois](https://feedsoft.ai/events/14855-a-flurry-of-chinese-purchases-of-u-s-corn-as-brazil-seeks-further-ag-trade.md) | +1.6% | -0.0% |
| CORN | 2020-07-14 | [China Makes Record U.S. Corn Purchase \| Farm Policy News \| Illinois](https://feedsoft.ai/events/51985-china-makes-record-u-s-corn-purchase-farm-policy-news-illinois.md) | -1.1% | -3.2% |
| CORN | 2021-10-04 | [Why Biden will try to enforce Trump’s phase one trade deal with China \| PIIE](https://feedsoft.ai/events/44413-why-biden-will-try-to-enforce-trump-s-phase-one-trade-deal-with-china-piie.md) | -0.2% | +3.7% |

## Sources

- dc.medill.northwestern.edu: https://dc.medill.northwestern.edu/blog/2020/08/17/china-is-far-behind-farm-purchases-needed-to-fulfill-terms-of-trade-deal-with-u-s/

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