# What extra U.S. farm products could China buy?

> USDA reported a large soybean sale of 544,000 tonnes to China, seen as a goodwill gesture before a Trump and Xi meeting. USDA also forecast 2019/20 Chinese soybean imports at 87 million tonnes.

- Date: 2019-07-01 · published 2019-07-01T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/57950-what-extra-u-s-farm-products-could-china-buy
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A large confirmed sale supports near-term U.S. soybean export demand and prices. The sale is a single transaction rather than a sustained shift in purchases.

## Read by commodity

- SOY: bullish ▲
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-04-04 | [China Tariff Threat Prompts U.S. Farmers to Weigh Changes](https://feedsoft.ai/events/65377-china-tariff-threat-prompts-u-s-farmers-to-weigh-changes.md) | +0.7% | +6.9% |
| WHEAT | 2020-11-20 | [China Targets U.S. Farm Imports With Tariffs on Soy, Corn - Pork Business](https://feedsoft.ai/events/50015-china-targets-u-s-farm-imports-with-tariffs-on-soy-corn-pork-business.md) | -2.9% | +4.7% |
| WHEAT | 2019-08-23 | [China to impose extra tariffs on U.S. soy, beef and pork](https://feedsoft.ai/events/57438-china-to-impose-extra-tariffs-on-u-s-soy-beef-and-pork.md) | +1.9% | +0.3% |
| WHEAT | 2020-12-01 | [China Targets U.S. Farm Imports With Tariffs \| Feed & Grain](https://feedsoft.ai/events/49501-china-targets-u-s-farm-imports-with-tariffs-feed-and-grain.md) | +9.5% | +8.9% |
| WHEAT | 2024-02-08 | [US farm exports hit three-year low in 2023 as China slows buying](https://feedsoft.ai/events/14771-us-farm-exports-hit-three-year-low-in-2023-as-china-slows-buying.md) | -4.2% | -1.8% |
| SOY | 2020-04-14 | [China buys more US farm products amid plunge in trade](https://feedsoft.ai/events/53503-china-buys-more-us-farm-products-amid-plunge-in-trade.md) | -3.2% | -0.2% |
| SOY | 2019-10-31 | [Exclusive: Beijing could ax extra tariffs on U.S. farm products to boost imports - China trade association chief](https://feedsoft.ai/events/56422-exclusive-beijing-could-ax-extra-tariffs-on-u-s-farm-products-to-boost-imports.md) | -0.1% | -3.7% |
| SOY | 2026-07-02 | [China and U.S. seek tariff rollback on farm products - TT](https://feedsoft.ai/events/14562-china-and-u-s-seek-tariff-rollback-on-farm-products-tt.md) | +4.2% | +6.8% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/argie-bargy-ahead-for-australian-wheat-exporters/
- reuters.com: https://www.reuters.com/article/us-usa-trade-china-agriculture-explainer-idUSKCN1TW2JC/

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