Chinese Buyers Return to Market for U.S. Soy After Tariff Waivers Granted

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.

• Dec 3, 2018Update: China Stocks Rally After China and U.S. Agree To Delay New Tariffs - Caixin Global+1.7%
• Feb 19, 2020China Sets Up Duty Waivers for U.S. Commodity Purchases - Caixin Global-1.5%
• Sep 24, 2019China gives waivers to importers to buy U.S. soy exempt from tariffs: sources+1.5%
• Oct 16, 2018Two Boatloads of U.S. Soybeans on Their Way to China Despite Tariffs - Caixin Global-3.7%
• Dec 1, 2020China Tariff Warning Doesn't Phase Soybean Market | Feed & Grain-0.9%

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.

• Sep 24, 2019China gives waivers to importers to buy U.S. soy exempt from tariffs: sources+0.5%
• Dec 1, 2020China Tariff Warning Doesn't Phase Soybean Market | Feed & Grain-1.7%
• Dec 19, 2019Trade war: China buys US soybeans after fresh round of tariff waivers, but will it be the last for some time? | South China Morning Post-1.1%
• Dec 23, 2020China’s Soy Imports to Top 100 Million Tons as U.S. Supply Jumps - Caixin Global+4.2%
• 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%