China’s Pigs Gobble Up Brazilian Soybeans

After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.

• Oct 31, 2019In Depth: Why China Is Still Hooked on U.S. Soybeans - Caixin Global-0.1%
• Oct 16, 2018Two Boatloads of U.S. Soybeans on Their Way to China Despite Tariffs - Caixin Global-3.7%
• Dec 11, 2020Soybean Deal Signals China’s Early Jump Into 2021 U.S. Market - Caixin Global+4.2%
• Jul 17, 2023China to buy more Brazilian soybeans for Q4 as U.S. crop suffers - traders | Reuters+0.4%
• Feb 19, 2020China Sets Up Duty Waivers for U.S. Commodity Purchases - Caixin Global-1.5%

After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.

• Oct 31, 2019In Depth: Why China Is Still Hooked on U.S. Soybeans - Caixin Global-1.1%
• Jul 21, 2026Global demand for soybean meal drives prices up in Brazil and the U.S.-0.7%
• Nov 29, 2019U.S. Soy’s Flowing Into China Again as Port Congestion Eases - Caixin Global+1.9%
• Jul 19, 2019Exclusive: Brazil soybeans lose protein, China sales at risk-1.0%
• Dec 23, 2020China’s Soy Imports to Top 100 Million Tons as U.S. Supply Jumps - Caixin Global+4.2%