# Crops Surge on Prospect China Will Step Up Buying in Trade Truce - Bloomberg

> Soybean futures jumped to their highest in more than three months, and corn extended gains, after reports of a partial US-China trade agreement. China would make agricultural concessions while the US offers tariff relief, though the pact was tentative.

- Date: 2019-10-11 · published 2019-10-11T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/56425-crops-surge-on-prospect-china-will-step-up-buying-in-trade-truce-bloomberg
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expected Chinese purchases of US farm goods lift soybean and corn demand expectations, pushing prices higher.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-08-11 | [Trump Urges China to Buy More Soybeans a Day Before Trade Truce Expires - Bloomberg](https://feedsoft.ai/events/12447-trump-urges-china-to-buy-more-soybeans-a-day-before-trade-truce-expires.md) | +5.7% | +4.8% |
| SOY | 2026-01-20 | [China Buy 12 Million Tons of US Soybeans, Meets Key Trade Pledge - Bloomberg](https://feedsoft.ai/events/14608-china-buy-12-million-tons-of-us-soybeans-meets-key-trade-pledge-bloomberg.md) | +0.4% | +7.2% |
| SOY | 2025-10-01 | [Trump’s Signal on China Trade Talks Lifts Soybean Prices - Bloomberg](https://feedsoft.ai/events/22453-trump-s-signal-on-china-trade-talks-lifts-soybean-prices-bloomberg.md) | +2.0% | +7.6% |
| SOY | 2026-03-20 | [US Soy Ships Pile Into China as Trump Summit Delay Clouds Trade - Bloomberg](https://feedsoft.ai/events/14591-us-soy-ships-pile-into-china-as-trump-summit-delay-clouds-trade-bloomberg.md) | +0.4% | -0.1% |
| SOY | 2020-05-12 | [China Steps Up US Soybean Buying With Million-Ton Purchase - TT](https://feedsoft.ai/events/52986-china-steps-up-us-soybean-buying-with-million-ton-purchase-tt.md) | -0.9% | +1.3% |
| CORN | 2018-12-14 | [China Is Planning to Buy U.S. Corn as Soon as January - Bloomberg](https://feedsoft.ai/events/61442-china-is-planning-to-buy-u-s-corn-as-soon-as-january-bloomberg.md) | +0.5% | +0.1% |
| CORN | 2023-10-24 | [China Engages in First US Farm-Good Signing Ceremony Since Trump Trade Dispute - Bloomberg](https://feedsoft.ai/events/14805-china-engages-in-first-us-farm-good-signing-ceremony-since-trump-trade-dispute.md) | -4.3% | -4.8% |
| CORN | 2021-11-03 | [China Willing to Buy $20 Billion of U.S. Ag in Year One - The Scoop](https://feedsoft.ai/events/14981-china-willing-to-buy-20-billion-of-u-s-ag-in-year-one-the-scoop.md) | +1.2% | -1.3% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-10-11/crop-markets-surge-on-news-of-a-partial-u-s-china-trade-deal

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