# U.S. Ag Sales to China to Fall by 45% in Trade War

> USDA projects China's U.S. agricultural purchases will fall 45% to $9 billion in the current fiscal year because of the trade war. China is expected to drop to fifth place among U.S. export markets, and soybean sales are hit hardest as a record crop builds stocks.

- Date: 2018-11-30 · published 2018-11-30T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/61933-u-s-ag-sales-to-china-to-fall-by-45-in-trade-war
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

A record U.S. soybean crop combined with the loss of China's demand points to large stocks and downward pressure on soybean prices.

## Read by commodity

- CSM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-05-08 | [Trade war: US-China trade battle in charts](https://feedsoft.ai/events/10431-trade-war-us-china-trade-battle-in-charts.md) | +0.0% | +6.4% |
| SOY | 2021-12-23 | [China to fall short on promises to U.S. as trade deal ends](https://feedsoft.ai/events/14969-china-to-fall-short-on-promises-to-u-s-as-trade-deal-ends.md) | -0.1% | +6.4% |
| SOY | 2017-01-26 | [America's farmers stand to lose the most in a China trade war](https://feedsoft.ai/events/72863-america-s-farmers-stand-to-lose-the-most-in-a-china-trade-war.md) | -1.8% | -4.1% |
| SOY | 2018-12-27 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/61593-inside-china-s-strategy-in-the-soybean-trade-war.md) | +3.5% | +6.4% |
| 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

- agriculture.com: https://www.agriculture.com/news/crops/us-ag-sales-to-china-to-fall-by-45-in-trade-war

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