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Chinese state-owned firms bought at least three bulk cargoes of US soybeans, about 180,000 tonnes, for October or November shipment from Pacific Northwest ports. The purchases were reported by three US traders.
New Chinese purchases for fourth-quarter delivery support US soybean export demand and nearby prices.
After 696 past bullish trade events, SOY moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.