# USDA: China buys U.S. soybeans, pork - Brownfield Ag News

> USDA export sales data showed China bought about 31,400 tons of U.S. pork and 71,000 tons of soybeans in the latest week. Overall old and new crop corn, soybean, wheat and product sales for the week ending May 16 were within analyst estimates, with old crop wheat sales at a marketing-year low.

- Date: 2019-05-23 · published 2019-05-23T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/58948-usda-china-buys-u-s-soybeans-pork-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Chinese purchases of U.S. soybeans and pork are a modest positive for demand during a stalled trade dispute, though weak wheat and corn sales limit upside for those grains.

## Read by commodity

- SOY: bullish ▲
- CORN: neutral
- HOGS: bullish ▲
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-01-12 | [USDA numbers support soybeans - Brownfield Ag News](https://feedsoft.ai/events/11023-usda-numbers-support-soybeans-brownfield-ag-news.md) | +6.7% | +4.7% |
| SOY | 2020-03-19 | [USDA FAS sees rising soybean demand for China - Brownfield Ag News](https://feedsoft.ai/events/54127-usda-fas-sees-rising-soybean-demand-for-china-brownfield-ag-news.md) | +6.8% | +1.4% |
| SOY | 2020-10-09 | [USDA tightens U.S. corn, soybean balance sheets - Brownfield Ag News](https://feedsoft.ai/events/50598-usda-tightens-u-s-corn-soybean-balance-sheets-brownfield-ag-news.md) | +1.2% | +4.9% |
| SOY | 2019-02-08 | [USDA lowers U.S. corn, soybean ending stocks - Brownfield Ag News](https://feedsoft.ai/events/60555-usda-lowers-u-s-corn-soybean-ending-stocks-brownfield-ag-news.md) | -1.1% | -3.2% |
| SOY | 2017-02-08 | [Soybeans, corn, wheat up ahead of USDA numbers - Brownfield Ag News](https://feedsoft.ai/events/8600-soybeans-corn-wheat-up-ahead-of-usda-numbers-brownfield-ag-news.md) | +0.2% | -3.0% |
| HOGS | 2021-09-27 | [Cattle, hog futures react to Friday's USDA reports - Brownfield Ag News](https://feedsoft.ai/events/45189-cattle-hog-futures-react-to-friday-s-usda-reports-brownfield-ag-news.md) | +4.1% | -12.1% |
| HOGS | 2022-09-27 | [All eyes on Thursday's Quarterly Hogs and Pigs report - Brownfield Ag News](https://feedsoft.ai/events/39747-all-eyes-on-thursday-s-quarterly-hogs-and-pigs-report-brownfield-ag-news.md) | -2.2% | -2.6% |
| HOGS | 2021-03-25 | [Hog futures higher ahead of bullish Hogs and Pigs report - Brownfield Ag News](https://feedsoft.ai/events/5153-hog-futures-higher-ahead-of-bullish-hogs-and-pigs-report-brownfield-ag-news.md) | +3.8% | +10.2% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/usda-china-buys-u-s-soybeans-pork/

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