# U.S. grains: Soybeans strike post-harvest highs on trade truce - AgCanada

> US soybean futures rallied to their highest since at least August after Washington and Beijing agreed to a truce, with Trump agreeing to hold off on new tariffs for 90 days. Chinese buyers say Beijing must remove its 25% tariff before the promised large purchases can happen, and prices eased from early highs.

- Date: 2018-12-03 · published 2018-12-03T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/5837-u-s-grains-soybeans-strike-post-harvest-highs-on-trade-truce-agcanada
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The truce lifts US soybean prices, but the 25% Chinese tariff keeps US beans at a premium to Brazilian supplies. Until the tariff is removed, buying may stay limited ahead of the record Brazilian harvest.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-10-29 | [U.S. grains: Soybeans set 15-month high on U.S.-China trade deal hopes - Grainews](https://feedsoft.ai/events/22451-u-s-grains-soybeans-set-15-month-high-on-u-s-china-trade-deal-hopes-grainews.md) | +2.8% | +4.3% |
| SOY | 2025-05-12 | [U.S. grains: Soybeans hit three-month high on US-China trade deal, USDA report - Canadian Cattlemen](https://feedsoft.ai/events/9508-u-s-grains-soybeans-hit-three-month-high-on-us-china-trade-deal-usda-report.md) | +0.6% | +1.1% |
| SOY | 2018-07-19 | [U.S. grains: Markets set one-week highs on export hopes, weather woes - AgCanada](https://feedsoft.ai/events/64079-u-s-grains-markets-set-one-week-highs-on-export-hopes-weather-woes-agcanada.md) | +2.2% | +1.8% |
| SOY | 2026-02-04 | [U.S. grains: Chicago soybeans jump to two-month high on Trump comments - Grainews](https://feedsoft.ai/events/20639-u-s-grains-chicago-soybeans-jump-to-two-month-high-on-trump-comments-grainews.md) | +5.3% | +8.3% |
| SOY | 2020-02-13 | [U.S. grains: Soy up on prospects for Chinese demand - AgCanada](https://feedsoft.ai/events/54655-u-s-grains-soy-up-on-prospects-for-chinese-demand-agcanada.md) | +0.0% | -4.2% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-grains-soybeans-strike-post-harvest-highs-on-trade-truce

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