# Wheat takes export spotlight

> Weekly U.S. soybean export sales and shipments were weak as China's tariffs continue to hit bookings, with sales running nearly 30% below year-ago levels. Soybean futures jumped over 15 cents after Trump said he had a long call with Xi ahead of the G-20 meeting.

- Date: 2018-11-01 · published 2018-11-01T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/62090-wheat-takes-export-spotlight
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tariff-driven loss of China demand weighs on soybean and meal export values, while hopes of a trade deal provide intermittent support.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SOY | 2018-10-31 | 1 | +3.6% | 3.6 | Futures jumped over 15 cents after Trump's call with Xi ahead of the G20, consistent with a trade-optimism rally, but the timing is just after Oct 31. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-03-13 | [EU wheat rises as export demand stirs](https://feedsoft.ai/events/5626-eu-wheat-rises-as-export-demand-stirs.md) | +5.7% | +2.3% |
| WHEAT | 2018-10-18 | [Wheat exports, the key to higher prices](https://feedsoft.ai/events/62623-wheat-exports-the-key-to-higher-prices.md) | +0.3% | -3.9% |
| WHEAT | 2026-10-29 | [U.S. Wheat Export Sales Hit Marketing-Year High](https://feedsoft.ai/events/1272-u-s-wheat-export-sales-hit-marketing-year-high.md) | -0.4% | — |
| WHEAT | 2022-01-19 | [Spotlight on India’s Trade-Distorting Domestic Wheat and Rice Support](https://feedsoft.ai/events/43115-spotlight-on-india-s-trade-distorting-domestic-wheat-and-rice-support.md) | +1.9% | -1.5% |
| WHEAT | 2017-03-06 | [USA: Soft Wheat Marks Weak Export Season](https://feedsoft.ai/events/72056-usa-soft-wheat-marks-weak-export-season.md) | -0.2% | +0.3% |
| CORN | 2022-12-05 | [Wheat plunges to 3-month low on export competition](https://feedsoft.ai/events/6642-wheat-plunges-to-3-month-low-on-export-competition.md) | -0.2% | +4.7% |
| CORN | 2020-01-28 | [Wheat export shipment halved — Latifundist.com](https://feedsoft.ai/events/54923-wheat-export-shipment-halved-latifundist-com.md) | -0.8% | -2.1% |
| CORN | 2020-04-07 | [Sea port wheat exports halved wk/wk — Latifundist.com](https://feedsoft.ai/events/53499-sea-port-wheat-exports-halved-wk-wk-latifundist-com.md) | -4.0% | -6.5% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/wheat-takes-export-spotlight

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