# U.S. soy exporters struggle with huge China export commitments in midst of trade war - CTRM Center

> Reuters reported that US soybean exporters face a heavy summer shipping schedule, with about 7 million tonnes of soybeans bought by China before talks broke down still to be delivered. Floods in the US Midwest are adding shipping delays, and cancellation would be costly for exporters.

- Date: 2019-06-04 · published 2019-06-04T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/58485-u-s-soy-exporters-struggle-with-huge-china-export-commitments-in-midst-of-trade
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

A large backlog of shipments and possible delays or renegotiated delivery dates after harvest would add supply to US soybean stocks later and could push prices down. Flood-related logistics problems add to the pressure.

## Read by commodity

- SOY: bearish ▼
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-03-22 | [Brazil’s intrusion on US soy exports to China somewhat mimics trade-war era](https://feedsoft.ai/events/14764-brazil-s-intrusion-on-us-soy-exports-to-china-somewhat-mimics-trade-war-era.md) | -1.7% | -5.1% |
| SOY | 2018-12-31 | [Trade wars cost U.S., China billions of dollars each in 2018](https://feedsoft.ai/events/61652-trade-wars-cost-u-s-china-billions-of-dollars-each-in-2018.md) | +3.3% | +4.1% |
| SOY | 2018-11-12 | [U.S. soybean farmers hang on for dear life in Trump's China trade war](https://feedsoft.ai/events/62097-u-s-soybean-farmers-hang-on-for-dear-life-in-trump-s-china-trade-war.md) | +1.9% | +4.5% |
| SOY | 2018-08-01 | [Why Soybeans Are at the Heart of the U.S.-China Trade War](https://feedsoft.ai/events/64080-why-soybeans-are-at-the-heart-of-the-u-s-china-trade-war.md) | -1.6% | -9.2% |
| SOY | 2018-09-20 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/63015-inside-china-s-strategy-in-the-soybean-trade-war.md) | +2.4% | +6.7% |

## Sources

- ctrmcenter.com: https://www.ctrmcenter.com/news/ags-softs/u-s-soy-exporters-struggle-with-huge-china-export-commitments-in-midst-of-trade-war/

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