U.S. Soy’s Flowing Into China Again as Port Congestion Eases

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.

• Dec 23, 2020China’s Soy Imports to Top 100 Million Tons as U.S. Supply Jumps - Caixin Global+4.5%
• Dec 11, 2020Soybean Deal Signals China’s Early Jump Into 2021 U.S. Market - Caixin Global+4.2%
• Oct 31, 2019In Depth: Why China Is Still Hooked on U.S. Soybeans - Caixin Global-0.1%
• Feb 19, 2020China Sets Up Duty Waivers for U.S. Commodity Purchases - Caixin Global-1.5%
• Sep 25, 2025China says it will resume US soybean purchases following a rollback in tariffs | S&P Global+0.4%

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

• Dec 23, 2020China’s Soy Imports to Top 100 Million Tons as U.S. Supply Jumps - Caixin Global+4.2%
• Oct 31, 2019In Depth: Why China Is Still Hooked on U.S. Soybeans - Caixin Global-1.1%
• May 14, 2020China’s Pigs Gobble Up Brazilian Soybeans - Caixin Global+0.1%
• Jan 15, 2020China to significantly increase U.S. soybean imports after Phase 1 deal: Global Times+0.2%
• Aug 22, 2017Chinese Buyers Ink $1.5 Billion of Contracts Prior to U.S. Soy Global Trade Exchange - U.S. Soybean Export Council-0.1%