# China commits to buying additional US soybeans and possibly more

> U.S. and Chinese negotiators met in Washington, and Agriculture Secretary Sonny Perdue said China committed to buy an additional 10 million metric tons of U.S. soybeans. President Trump said he would delay the scheduled March 1 tariff increase, citing progress in talks. A leaders' meeting was planned to finalize a broader agreement.

- Date: 2019-02-25 · published 2019-02-25T12:00:00.000Z
- Category: trade · region China · magnitude high
- Page: https://feedsoft.ai/events/60476-china-commits-to-buying-additional-us-soybeans-and-possibly-more
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A 10-million-tonne commitment is a large addition to export demand and supports U.S. soybean prices. Delaying the tariff increase lowers the risk of a renewed trade shock to soybean and meal markets.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-06-05 | [Analysts say China to continue buying US soybeans \| 2020-06-05  \| World Grain](https://feedsoft.ai/events/52605-analysts-say-china-to-continue-buying-us-soybeans-2020-06-05-world-grain.md) | -0.2% | +2.9% |
| SOY | 2026-02-05 | [Soybeans Rally on Additional China Purchases: Will They Really Buy? - AgWeb](https://feedsoft.ai/events/20642-soybeans-rally-on-additional-china-purchases-will-they-really-buy-agweb.md) | +2.9% | +6.5% |
| SOY | 2020-04-24 | [China buying more US beef and soybeans - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/53504-china-buying-more-us-beef-and-soybeans-agweek-1-source-for-agriculture-news.md) | +1.3% | -0.5% |
| SOY | 2026-08-06 | [China buys at least 10 more cargoes of US soybeans, traders say \| South China Morning Post](https://feedsoft.ai/events/14558-china-buys-at-least-10-more-cargoes-of-us-soybeans-traders-say-south-china.md) | +1.2% | +13.0% |
| SOY | 2026-01-06 | [China buys more US soybeans, total purchases approach 10 million tons \| Reuters](https://feedsoft.ai/events/14610-china-buys-more-us-soybeans-total-purchases-approach-10-million-tons-reuters.md) | -1.4% | +1.8% |
| SBM | 2024-03-25 | [US soy volatile on possible China buying \| Latest Market News](https://feedsoft.ai/events/14768-us-soy-volatile-on-possible-china-buying-latest-market-news.md) | -2.4% | +1.0% |
| SBM | 2020-07-21 | [US red meat exports adding value to corn and soybeans - Brownfield Ag News](https://feedsoft.ai/events/52196-us-red-meat-exports-adding-value-to-corn-and-soybeans-brownfield-ag-news.md) | +1.4% | +3.4% |
| SBM | 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) | -1.8% | -1.8% |

## Sources

- wisfarmer.com: https://www.wisfarmer.com/story/news/2019/02/25/china-commits-buying-additional-us-soybeans-and-possibly-more/2984000002/

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