# China buys more U.S. soybeans, record volume of pork ahead of trade talks | Reuters

> Private exporters sold 398,000 tonnes of U.S. soybeans to China, the second daily USDA flash sale of soybeans that week. Beijing has also awarded some importers waivers to buy U.S. product ahead of talks in Washington.

- Date: 2019-10-10 · published 2019-10-10T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/56423-china-buys-more-u-s-soybeans-record-volume-of-pork-ahead-of-trade-talks-reuters
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Large flash sales and tariff waivers signal renewed Chinese demand for U.S. soybeans, supporting U.S. soybean and pork-related prices.

## Read by commodity

- SOY: bullish ▲
- HOGS: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| HOGS | 2019-10-14 | 1 | +7.3% | 4.0 | Record Chinese pork purchases and waivers for US products ahead of the talks raised expectations of stronger export demand for US pork. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-06-20 | [China may buy record volume of U.S. soybeans](https://feedsoft.ai/events/70349-china-may-buy-record-volume-of-u-s-soybeans.md) | -3.3% | +5.5% |
| SOY | 2020-07-14 | [China books record U.S. corn purchase, also buys soybeans \| Reuters](https://feedsoft.ai/events/51978-china-books-record-u-s-corn-purchase-also-buys-soybeans-reuters.md) | +3.0% | +0.0% |
| SOY | 2019-09-23 | [China buys about 10 cargoes of U.S. soybeans after trade talks](https://feedsoft.ai/events/56922-china-buys-about-10-cargoes-of-u-s-soybeans-after-trade-talks.md) | +0.0% | +5.8% |
| SOY | 2019-02-02 | [Exclusive: China buys U.S. soybeans a day after trade talks - traders](https://feedsoft.ai/events/60471-exclusive-china-buys-u-s-soybeans-a-day-after-trade-talks-traders.md) | -0.4% | -1.6% |
| SOY | 2023-07-17 | [China to buy more Brazilian soybeans for Q4 as U.S. crop suffers - traders \| Reuters](https://feedsoft.ai/events/14826-china-to-buy-more-brazilian-soybeans-for-q4-as-u-s-crop-suffers-traders-reuters.md) | +0.4% | -6.3% |
| HOGS | 2019-09-16 | [China buys $67 million Worth of U.S. Soybeans as Trade War Eases](https://feedsoft.ai/events/56927-china-buys-67-million-worth-of-u-s-soybeans-as-trade-war-eases.md) | -5.6% | -2.0% |
| HOGS | 2019-09-13 | [China to Exempt U.S. Soybeans, Pork From Punitive Tariffs](https://feedsoft.ai/events/56925-china-to-exempt-u-s-soybeans-pork-from-punitive-tariffs.md) | -2.4% | -0.3% |
| HOGS | 2024-08-02 | [China's Soybean Stockpile Surge: Implications for U.S. Export Season - Benison Media](https://feedsoft.ai/events/12104-china-s-soybean-stockpile-surge-implications-for-u-s-export-season-benison-media.md) | -2.2% | -9.6% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-grains-usda-sale/china-buys-more-u-s-soybeans-record-volume-of-pork-ahead-of-trade-talks-idUSKBN1WP2H3/

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