# US-China trade war: Soybean farmers are working new markets

> US soybean exports to China this marketing year are expected to fall to about 10 million tons from roughly 30 million last year, per the U.S. Soybean Export Council. U.S. soybean ending stocks are projected at a record 1 billion bushels as farmers seek new markets.

- Date: 2019-08-08 · published 2019-08-08T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/57614-us-china-trade-war-soybean-farmers-are-working-new-markets
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A sharp loss of Chinese demand and record ending stocks point to sustained bearish pressure on soybean prices and a shift of export flows toward other buyers.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-01-09 | [New Data: U.S. Soybean Farmers Lost 2nd Year To China Trade War](https://feedsoft.ai/events/55115-new-data-u-s-soybean-farmers-lost-2nd-year-to-china-trade-war.md) | -1.0% | -6.1% |
| SOY | 2018-10-12 | [Trade War Drives Farmers to Corn as China Shuns US Soybeans - TT](https://feedsoft.ai/events/8558-trade-war-drives-farmers-to-corn-as-china-shuns-us-soybeans-tt.md) | +0.6% | +1.1% |
| SOY | 2025-09-27 | [US soybean farmers caught in Trump's trade battle with China \| AP News](https://feedsoft.ai/events/14637-us-soybean-farmers-caught-in-trump-s-trade-battle-with-china-ap-news.md) | +0.4% | +2.8% |
| SOY | 2020-11-23 | [China crushers wash out US soybeans amid tight margins: trade - Fastmarkets](https://feedsoft.ai/events/50234-china-crushers-wash-out-us-soybeans-amid-tight-margins-trade-fastmarkets.md) | -1.1% | +5.3% |
| SOY | 2019-03-14 | [Why U.S. growers are betting the farm on soybeans amid China trade war](https://feedsoft.ai/events/8266-why-u-s-growers-are-betting-the-farm-on-soybeans-amid-china-trade-war.md) | +1.9% | +1.5% |
| SBM | 2018-10-12 | [Trade War Drives Farmers to Corn as China Shuns US Soybeans - TT](https://feedsoft.ai/events/8558-trade-war-drives-farmers-to-corn-as-china-shuns-us-soybeans-tt.md) | +1.1% | -2.1% |
| SBM | 2019-03-14 | [Why U.S. growers are betting the farm on soybeans amid China trade war](https://feedsoft.ai/events/8266-why-u-s-growers-are-betting-the-farm-on-soybeans-amid-china-trade-war.md) | +3.8% | +3.3% |
| SBM | 2018-04-13 | [China traders, farmers shrug off risk of US soybeans tariff \| AP News](https://feedsoft.ai/events/65373-china-traders-farmers-shrug-off-risk-of-us-soybeans-tariff-ap-news.md) | -2.6% | +1.9% |

## Sources

- cnbc.com: https://www.cnbc.com/2019/08/08/us-china-trade-war-soybean-farmers-are-working-new-markets.html

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