# Chinese Grain Trade Waiting on Official Rules, Guidance on How to Implement Trade Deal

> Chinese grain buyers say they are still waiting for official rules on how to implement the Phase 1 deal, including how the $36.5 billion farm purchase target will be allocated across commodities. China imported $24.0 billion of US farm products in 2017, with soybeans at $12.3 billion.

- Date: 2020-01-27 · published 2020-01-27T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/54946-chinese-grain-trade-waiting-on-official-rules-guidance-on-how-to-implement
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Uncertainty over allocation and implementation delays near-term Chinese buying of US feed grains and soybeans, keeping export demand support limited until guidance arrives.

## Read by commodity

- SOY: neutral
- CORN: neutral
- SORGHUM: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-01-07 | [China won't hike grain import quotas for U.S. trade deal: Caixin](https://feedsoft.ai/events/54941-china-won-t-hike-grain-import-quotas-for-u-s-trade-deal-caixin.md) | -0.4% | -5.7% |
| SOY | 2024-06-11 | [EU ill-prepared to implement its own deforestation law, says grain trade association \| Reuters](https://feedsoft.ai/events/29771-eu-ill-prepared-to-implement-its-own-deforestation-law-says-grain-trade.md) | -2.6% | -4.0% |
| SOY | 2024-09-11 | [Brazil asks EU to hold off on implementing deforestation law \| Reuters](https://feedsoft.ai/events/28333-brazil-asks-eu-to-hold-off-on-implementing-deforestation-law-reuters.md) | +2.9% | +4.0% |
| SOY | 2023-02-09 | [Understanding the impact of the EUDR on businesses - Tea & Coffee Trade Journal](https://feedsoft.ai/events/37355-understanding-the-impact-of-the-eudr-on-businesses-tea-and-coffee-trade-journal.md) | +0.4% | +0.0% |
| SOY | 2020-06-16 | [Farm groups urge preservation of China trade deal \| 2020-06-15  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52468-farm-groups-urge-preservation-of-china-trade-deal-2020-06-15-agri-pulse.md) | +0.8% | +1.5% |
| CORN | 2024-07-23 | [Official: US has ‘strong case’ in GM dispute \| World Grain](https://feedsoft.ai/events/29234-official-us-has-strong-case-in-gm-dispute-world-grain.md) | -0.3% | -3.4% |
| CORN | 2021-03-26 | [Vilsack discusses complexity of Chinese ag trade relationship](https://feedsoft.ai/events/47969-vilsack-discusses-complexity-of-chinese-ag-trade-relationship.md) | +1.2% | +8.8% |
| CORN | 2022-07-20 | [China's hog supply guaranteed in H2: official-Xinhua](https://feedsoft.ai/events/40471-china-s-hog-supply-guaranteed-in-h2-official-xinhua.md) | -6.0% | -1.2% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/livestock/article/2020/01/22/chinese-grain-trade-waiting-official

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