# Daybreak July 17: China maintains swift pace of ag purchases | 2020-07-17  | Agri-Pulse Communications, Inc.

> USDA daily reports showed new export sales of 552,000 tonnes of soybeans to China, including 390,000 tonnes for the 2020/21 year. Weekly data also showed China buying wheat and corn at marketing-year highs for the new crop.

- Date: 2020-07-17 · published 2020-07-17T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/51982-daybreak-july-17-china-maintains-swift-pace-of-ag-purchases-2020-07-17-agri
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Continued Chinese buying across soybeans, wheat and corn supports export demand and new-crop prices. The pace of sales is the key signal for the grain complex.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-07-22 | [China ramps up US soy purchases on good prices \| 2020-07-22  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52160-china-ramps-up-us-soy-purchases-on-good-prices-2020-07-22-agri-pulse.md) | +0.0% | +1.7% |
| SOY | 2025-06-11 | [U.S.-China tariff détente holds as officials eye more ag purchases \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14658-u-s-china-tariff-detente-holds-as-officials-eye-more-ag-purchases-agri-pulse.md) | +1.5% | -4.3% |
| SOY | 2020-01-15 | [China deal to open flood gates for US ag trade \| 2020-01-15  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/55159-china-deal-to-open-flood-gates-for-us-ag-trade-2020-01-15-agri-pulse.md) | -1.6% | -3.9% |
| SOY | 2020-02-25 | [US: China lifts some trade barriers in phase one \| 2020-02-25  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/54479-us-china-lifts-some-trade-barriers-in-phase-one-2020-02-25-agri-pulse.md) | +1.9% | +1.1% |
| SOY | 2020-08-10 | [China soy-buying binge from US continues \| 2020-08-10  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/51599-china-soy-buying-binge-from-us-continues-2020-08-10-agri-pulse-communications.md) | +3.8% | +11.4% |
| CORN | 2025-06-11 | [U.S.-China tariff détente holds as officials eye more ag purchases \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14658-u-s-china-tariff-detente-holds-as-officials-eye-more-ag-purchases-agri-pulse.md) | -0.5% | -4.1% |
| CORN | 2020-01-15 | [China deal to open flood gates for US ag trade \| 2020-01-15  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/55159-china-deal-to-open-flood-gates-for-us-ag-trade-2020-01-15-agri-pulse.md) | +0.3% | -2.4% |
| CORN | 2020-02-25 | [US: China lifts some trade barriers in phase one \| 2020-02-25  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/54479-us-china-lifts-some-trade-barriers-in-phase-one-2020-02-25-agri-pulse.md) | +0.4% | -4.8% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/14078-daybreak-july-17-china-maintains-swift-pace-of-ag-purchases

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