# Soybean Futures Bounce Back After China Restarts Purchases

> Soybean prices rallied after China resumed purchases of U.S. soybeans, buying more than 1.5 million metric tons in the prior week and at least 716,000 tons in the current week, according to USDA data. These were among the largest purchases in over a year, ahead of trade talks in Washington.

- Date: 2019-10-03 · published 2019-10-03T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/56615-soybean-futures-bounce-back-after-china-restarts-purchases
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Large Chinese purchases tighten U.S. export supplies and support soybean and soymeal prices, though the outcome of trade talks will determine whether the buying continues.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-02-01 | [Soybean Futures Rise on China Purchase Plans  - WSJ](https://feedsoft.ai/events/60618-soybean-futures-rise-on-china-purchase-plans-wsj.md) | -0.2% | -1.7% |
| SOY | 2025-11-17 | [Soybean Futures Rebound on Signs China Is Ramping Up Purchases - Bloomberg](https://feedsoft.ai/events/7887-soybean-futures-rebound-on-signs-china-is-ramping-up-purchases-bloomberg.md) | +1.1% | -3.7% |
| SOY | 2020-06-02 | [China buys U.S. soybeans after halt to U.S. purchases ordered: sources](https://feedsoft.ai/events/52462-china-buys-u-s-soybeans-after-halt-to-u-s-purchases-ordered-sources.md) | +2.9% | +3.1% |
| SOY | 2026-10-18 | [China Returns to U.S. Soybeans With Major Purchases After Trump-Xi Summit](https://feedsoft.ai/events/14543-china-returns-to-u-s-soybeans-with-major-purchases-after-trump-xi-summit.md) | -0.4% | — |
| SOY | 2019-11-04 | [China Shifts Soybean Purchases from Brazil Back to US \| Food Logistics](https://feedsoft.ai/events/55911-china-shifts-soybean-purchases-from-brazil-back-to-us-food-logistics.md) | -0.5% | -5.8% |
| SBM | 2025-11-17 | [Soybean Futures Rebound on Signs China Is Ramping Up Purchases - Bloomberg](https://feedsoft.ai/events/7887-soybean-futures-rebound-on-signs-china-is-ramping-up-purchases-bloomberg.md) | -1.7% | -5.9% |
| SBM | 2018-08-07 | [China may have to resume U.S. soybean purchases in weeks: Oil World](https://feedsoft.ai/events/63416-china-may-have-to-resume-u-s-soybean-purchases-in-weeks-oil-world.md) | -0.7% | -6.6% |
| SBM | 2019-01-01 | [Exclusive: China makes first big U.S. soybean purchase since Trump-Xi truce By Reuters](https://feedsoft.ai/events/61592-exclusive-china-makes-first-big-u-s-soybean-purchase-since-trump-xi-truce-by.md) | +3.7% | +1.6% |

## Sources

- wsj.com: https://www.wsj.com/articles/soybean-futures-bounce-back-after-china-restarts-purchases-11570127899?mod=searchresults&page=1&pos=2

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