# Progress made in Chinese enterprises' purchase of U.S. agricultural products - Xinhua | English.news.cn

> Xinhua reports that millions of tonnes of U.S. soybeans have shipped to China and that Chinese firms are inquiring about new purchases of soybeans, pork, sorghum and other farm goods. The U.S. has also exempted additional tariffs on 110 Chinese industrial items.

- Date: 2019-07-28 · published 2019-07-28T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/57951-progress-made-in-chinese-enterprises-purchase-of-u-s-agricultural-products
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Ongoing shipments and new purchase inquiries support demand for U.S. soybeans and sorghum. Further deals depend on U.S. prices and quality, so the impact on prices is moderate.

## Read by commodity

- SOY: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-01-15 | [China to purchase $36 bil of US agricultural products in 2020, $43 bil in 2021: governments \| S&P Global](https://feedsoft.ai/events/54943-china-to-purchase-36-bil-of-us-agricultural-products-in-2020-43-bil-in-2021.md) | -1.6% | -3.9% |
| SOY | 2019-02-21 | [China to propose $30 billion more US agriculture purchases](https://feedsoft.ai/events/60478-china-to-propose-30-billion-more-us-agriculture-purchases.md) | +0.1% | +0.4% |
| SOY | 2023-10-24 | [China signs US agriculture purchase agreements in first ceremony in years](https://feedsoft.ai/events/14802-china-signs-us-agriculture-purchase-agreements-in-first-ceremony-in-years.md) | -0.3% | +6.3% |
| SOY | 2023-10-24 | [China – U.S. Agriculture Companies Sign 11 Purchase Contracts/Agreements - U.S. Soybean Export Council](https://feedsoft.ai/events/14807-china-u-s-agriculture-companies-sign-11-purchase-contracts-agreements-u-s.md) | -0.3% | +6.3% |
| SOY | 2019-09-09 | [U.S., China Trade Talks Set to Resume; Agricultural Export Markets Continue to Adjust \| Farm Policy News \| Illinois](https://feedsoft.ai/events/10853-u-s-china-trade-talks-set-to-resume-agricultural-export-markets-continue-to.md) | +4.7% | +8.4% |

## Sources

- xinhuanet.com: http://www.xinhuanet.com/english/2019-07/28/c_138265042.htm

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