# China puts U.S. soy buying on hold as midwest rains hamper planting | The Gazette

> China has reportedly paused purchases of US soybeans as the trade war escalated, though it has no plans to cancel earlier contracts. Midwest rains have also slowed planting, with fewer fields planted by late May than the five-year average.

- Date: 2019-05-30 · published 2019-05-30T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/58626-china-puts-u-s-soy-buying-on-hold-as-midwest-rains-hamper-planting-the-gazette
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A halt in Chinese buying removes a key demand source for US soybeans, while planting delays add weather-related supply risk that could support prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-03-14 | [Why U.S. growers are betting the farm on soybeans amid China trade war](https://feedsoft.ai/events/8266-why-u-s-growers-are-betting-the-farm-on-soybeans-amid-china-trade-war.md) | +1.9% | +1.5% |
| SOY | 2019-03-22 | [U.S. grains: Corn up on China buying, flood worries - Grainews](https://feedsoft.ai/events/9642-u-s-grains-corn-up-on-china-buying-flood-worries-grainews.md) | -2.3% | -3.3% |
| SOY | 2026-09-28 | [Grains fall as traders seek China buying signs after tariff cuts](https://feedsoft.ai/events/14545-grains-fall-as-traders-seek-china-buying-signs-after-tariff-cuts.md) | -0.8% | -3.3% |
| SOY | 2018-03-23 | [As trade tensions mount, China soybean buyers devise contingency plans \| The Western Producer](https://feedsoft.ai/events/65866-as-trade-tensions-mount-china-soybean-buyers-devise-contingency-plans-the.md) | +1.5% | -0.1% |
| SOY | 2018-05-04 | [Angst in farm belt after reports that China halted buying US soybeans](https://feedsoft.ai/events/65058-angst-in-farm-belt-after-reports-that-china-halted-buying-us-soybeans.md) | -2.9% | -2.1% |
| CORN | 2018-08-16 | [U.S. grains: Soy climbs as U.S., China plan to restart trade talks - Manitoba Co-operator](https://feedsoft.ai/events/63566-u-s-grains-soy-climbs-as-u-s-china-plan-to-restart-trade-talks-manitoba-co.md) | -1.7% | -3.7% |
| CORN | 2019-03-22 | [U.S. grains: Corn up on China buying, flood worries - Grainews](https://feedsoft.ai/events/9642-u-s-grains-corn-up-on-china-buying-flood-worries-grainews.md) | -1.9% | -4.8% |
| CORN | 2018-12-14 | [China Is Planning to Buy U.S. Corn as Soon as January - Bloomberg](https://feedsoft.ai/events/61442-china-is-planning-to-buy-u-s-corn-as-soon-as-january-bloomberg.md) | +0.5% | +0.1% |

## Sources

- theconversation.com: https://theconversation.com/how-soybeans-became-chinas-most-powerful-weapon-in-trumps-trade-war-118088
- thegazette.com: https://www.thegazette.com/business/china-puts-u-s-soy-buying-on-hold-as-midwest-rains-hamper-planting/
- ttnews.com: https://www.ttnews.com/articles/china-puts-us-soy-buying-hold-tariff-war-escalates

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