# UPDATE 1-China books fresh deal for 828,000 tonnes of U.S. soybeans

> USDA reported private exporters sold 828,000 tonnes of soybeans to China for the 2018/19 marketing year, the second such sale since the latest trade talks. China has stepped up purchases but remains well below typical levels, while the US soybean stockpile is at record highs.

- Date: 2019-04-01 · published 2019-04-01T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/59638-update-1-china-books-fresh-deal-for-828-000-tonnes-of-u-s-soybeans
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Chinese purchases support near-term US soybean demand and prices, though volumes remain small relative to the record US stocks.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-02-02 | [China's COFCO buys million-tonne batch of U.S. soybeans](https://feedsoft.ai/events/60472-china-s-cofco-buys-million-tonne-batch-of-u-s-soybeans.md) | -0.4% | -1.6% |
| SOY | 2017-11-10 | [China inks $5b deals for purchase of U.S. soy](https://feedsoft.ai/events/67862-china-inks-5b-deals-for-purchase-of-u-s-soy.md) | -0.3% | +1.5% |
| SOY | 2026-06-25 | [Better late than never: China working to fulfill U.S. soybean deal](https://feedsoft.ai/events/18825-better-late-than-never-china-working-to-fulfill-u-s-soybean-deal.md) | -0.1% | +8.7% |
| SOY | 2019-10-11 | [Day 1 of U.S.-China trade talks ends with hopes for limited deal](https://feedsoft.ai/events/56618-day-1-of-u-s-china-trade-talks-ends-with-hopes-for-limited-deal.md) | +0.9% | +0.2% |
| SOY | 2019-09-23 | [China buys about 10 cargoes of U.S. soybeans after trade talks](https://feedsoft.ai/events/56922-china-buys-about-10-cargoes-of-u-s-soybeans-after-trade-talks.md) | +0.0% | +5.8% |

## Sources

- cnbc.com: https://www.cnbc.com/2019/04/01/reuters-america-update-1-china-books-fresh-deal-for-828000-tonnes-of-u-s-soybeans.html

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