# U.S. confirms small soybean sale to private Chinese buyer

> USDA confirmed a private Chinese company bought 68,000 tonnes of soybeans in the week ended July 25, the first purchase since Beijing offered tariff exemptions to five crushers. China also canceled previous purchases totaling 72,900 tonnes.

- Date: 2019-08-01 · published 2019-08-01T12:00:00.000Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/57440-u-s-confirms-small-soybean-sale-to-private-chinese-buyer
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Small purchases offset by cancellations show limited Chinese buying, so the market gets little support from the sales and prices stay under pressure.

## Read by commodity

- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-12-13 | [USDA confirms U.S. soybean sales to China; soy futures fall](https://feedsoft.ai/events/61594-usda-confirms-u-s-soybean-sales-to-china-soy-futures-fall.md) | -2.2% | -2.3% |
| SOY | 2019-08-08 | [U.S. confirms light soy, wheat, pork sales to China before latest tariff threats](https://feedsoft.ai/events/57441-u-s-confirms-light-soy-wheat-pork-sales-to-china-before-latest-tariff-threats.md) | +1.4% | +0.1% |
| SOY | 2016-06-16 | [USDA exports - Soybean sales up as China buys](https://feedsoft.ai/events/10754-usda-exports-soybean-sales-up-as-china-buys.md) | -1.6% | -3.8% |
| SOY | 2026-08-01 | [Soybean prices need poor weather, exports to China](https://feedsoft.ai/events/18360-soybean-prices-need-poor-weather-exports-to-china.md) | -1.3% | +8.9% |
| SOY | 2020-08-12 | [Corn, soybeans rise after USDA confirms massive US crops - Markets - Business Recorder](https://feedsoft.ai/events/51546-corn-soybeans-rise-after-usda-confirms-massive-us-crops-markets-business.md) | +3.9% | +11.6% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-china-soybeans/china-buys-u-s-soybeans-for-first-time-since-june-idUSKCN1UR4TM/

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