# New Data: U.S. Soybean Farmers Lost 2nd Year To China Trade War

> Trade war tariffs cut US soybean exports to China, which had accounted for over 60% of US soybean exports as recently as 2016. US exports to China reportedly fell to zero in November 2019.

- Date: 2020-01-09 · published 2020-01-09T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/55115-new-data-u-s-soybean-farmers-lost-2nd-year-to-china-trade-war
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Loss of China as an export market keeps US soybean demand weak and export prices pressured.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-08-08 | [US-China trade war: Soybean farmers are working new markets](https://feedsoft.ai/events/57614-us-china-trade-war-soybean-farmers-are-working-new-markets.md) | +1.4% | +0.1% |
| SOY | 2018-11-12 | [U.S. soybean farmers hang on for dear life in Trump's China trade war](https://feedsoft.ai/events/62097-u-s-soybean-farmers-hang-on-for-dear-life-in-trump-s-china-trade-war.md) | +1.9% | +4.5% |
| SOY | 2018-10-12 | [Trade War Drives Farmers to Corn as China Shuns US Soybeans - TT](https://feedsoft.ai/events/8558-trade-war-drives-farmers-to-corn-as-china-shuns-us-soybeans-tt.md) | +0.6% | +1.1% |
| SOY | 2019-03-02 | [As trade war wears on, U.S. soybean farmers start to worry that China's demand won't return](https://feedsoft.ai/events/60197-as-trade-war-wears-on-u-s-soybean-farmers-start-to-worry-that-china-s-demand.md) | -1.7% | -1.7% |
| SOY | 2017-01-26 | [America's farmers stand to lose the most in a China trade war](https://feedsoft.ai/events/72863-america-s-farmers-stand-to-lose-the-most-in-a-china-trade-war.md) | -1.8% | -4.1% |

## Sources

- forbes.com: https://www.forbes.com/sites/kenroberts/2020/01/09/verdict-in-us-soybean-farmers-lost-2nd-year-to-china-trade-war/

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