# Soybeans Slumps More Than 3% on Possible US-China Talks Delay - Bloomberg

> Chicago soybean futures slumped as much as 3.5% on Monday, dropping below $12 a bushel. Trump said he could postpone a planned summit with Xi Jinping if Beijing does not help unblock the Strait of Hormuz.

- Date: 2026-03-16 · published 2026-03-16T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/5792-soybeans-slumps-more-than-3-on-possible-us-china-talks-delay-bloomberg
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

China is the largest buyer of US soybeans, so doubt over the summit raises doubts about future purchases and pressures soybean prices lower.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-05-13 | [What Does the US Export to China? Soybeans Lowest in Decade - Bloomberg](https://feedsoft.ai/events/7754-what-does-the-us-export-to-china-soybeans-lowest-in-decade-bloomberg.md) | +3.1% | +7.7% |
| SOY | 2026-03-18 | [Soybean Futures Decline on Delayed Trump-Xi Meeting - Bloomberg](https://feedsoft.ai/events/4714-soybean-futures-decline-on-delayed-trump-xi-meeting-bloomberg.md) | -0.2% | +0.9% |
| SOY | 2025-02-01 | [COMMENTARY: China passes on US soybeans despite Brazilian delays](https://feedsoft.ai/events/14692-commentary-china-passes-on-us-soybeans-despite-brazilian-delays.md) | +0.7% | -4.2% |
| SOY | 2026-05-15 | [Soybeans Fall as China Summit Leaves US Farmers Seeking Details - Bloomberg](https://feedsoft.ai/events/9298-soybeans-fall-as-china-summit-leaves-us-farmers-seeking-details-bloomberg.md) | +1.7% | -5.2% |
| SOY | 2025-08-27 | [China’s Soy Crushers May Be Facing a Winter Without US Beans - Bloomberg](https://feedsoft.ai/events/23362-china-s-soy-crushers-may-be-facing-a-winter-without-us-beans-bloomberg.md) | -1.2% | -1.9% |
| CORN | 2026-03-16 | [Soybeans limit down after Trump threatens to delay China summit - Pro Farmer](https://feedsoft.ai/events/4716-soybeans-limit-down-after-trump-threatens-to-delay-china-summit-pro-farmer.md) | +2.4% | -1.7% |
| CORN | 2019-04-12 | [Top U.S. Ags Trade Negotiator Says China `Bristles' in Talks - Bloomberg](https://feedsoft.ai/events/59452-top-u-s-ags-trade-negotiator-says-china-bristles-in-talks-bloomberg.md) | +1.1% | -3.1% |
| CORN | 2018-06-16 | [China targets corn, soybeans](https://feedsoft.ai/events/64395-china-targets-corn-soybeans.md) | -0.9% | -3.9% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2026-03-16/soybeans-slump-more-than-2-on-potential-us-china-talks-delay

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