# Australian Agriculture Sector Likely To Get Impacted From The U.S-China Trade Truce

> Australian agricultural exports could face competition if the US-China trade truce leads China to buy more US farm products. The article notes that Australia's broader export earnings are rising on high iron ore and coking coal prices.

- Date: 2019-07-04 · published 2019-07-04T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/58043-australian-agriculture-sector-likely-to-get-impacted-from-the-u-s-china-trade
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Expanded Chinese purchases of US farm goods could displace Australian grain and meal sales to China, which is a bearish risk for Australian export prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-04-04 | [How China will target U.S. agriculture - POLITICO](https://feedsoft.ai/events/65374-how-china-will-target-u-s-agriculture-politico.md) | +0.7% | +6.9% |
| WHEAT | 2019-01-30 | [Headwinds ahead for Australian agriculture: Rabobank - Grain Central](https://feedsoft.ai/events/61048-headwinds-ahead-for-australian-agriculture-rabobank-grain-central.md) | -0.7% | -5.8% |
| WHEAT | 2018-04-04 | [CPO to gain from China’s soybean import tariff \| The Star](https://feedsoft.ai/events/65604-cpo-to-gain-from-china-s-soybean-import-tariff-the-star.md) | +0.7% | +6.9% |
| WHEAT | 2021-01-11 | [Bumper wheat crop helps Australia look beyond China \| Agriculture \| Al Jazeera](https://feedsoft.ai/events/49108-bumper-wheat-crop-helps-australia-look-beyond-china-agriculture-al-jazeera.md) | +1.4% | -4.0% |
| WHEAT | 2019-03-22 | [China halts new purchases of all Canadian canola, imposes strict inspections of other agriculture goods - The Logic](https://feedsoft.ai/events/60085-china-halts-new-purchases-of-all-canadian-canola-imposes-strict-inspections-of.md) | +1.1% | -2.4% |
| SOY | 2022-10-31 | [Agriculture trade with US going strong - Chinadaily.com.cn](https://feedsoft.ai/events/14895-agriculture-trade-with-us-going-strong-chinadaily-com-cn.md) | +4.6% | +5.0% |
| SOY | 2017-02-14 | [U.S. Agricultural Trade with China (02/14/2017)](https://feedsoft.ai/events/72354-u-s-agricultural-trade-with-china-02-14-2017.md) | -2.7% | -6.4% |
| SOY | 2017-08-04 | [Trump delay on China trade action good news for agriculture](https://feedsoft.ai/events/69324-trump-delay-on-china-trade-action-good-news-for-agriculture.md) | -2.1% | -1.5% |

## Sources

- kalkinemedia.com: https://kalkinemedia.com/au/blog/australian-agriculture-sector-likely-to-get-impacted-from-the-u-s-china-trade-truce

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