# Trump's China trade war forces U.S. soybeans to take costly detour

> US soybean exports to China are down about 98% in 2018 because of the tariff dispute. Shipments are instead moving to Brazil and Argentina, and some grain ships now sail a direct US-Argentina route. Argentina's imports are also rising partly because of its own poor harvest.

- Date: 2018-11-22 · published 2018-11-22T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/62091-trump-s-china-trade-war-forces-u-s-soybeans-to-take-costly-detour
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Rerouted US soy shipments and Argentine imports show the trade war is distorting global flows, leaving US farm-gate soybean prices weak while South American origins absorb some demand.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼
- OCEANFRT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-11-12 | [U.S. soybean farmers hang on for dear life in Trump's China trade war](https://feedsoft.ai/events/62097-u-s-soybean-farmers-hang-on-for-dear-life-in-trump-s-china-trade-war.md) | +1.9% | +4.5% |
| SOY | 2018-10-12 | [Trade War Drives Farmers to Corn as China Shuns US Soybeans - TT](https://feedsoft.ai/events/8558-trade-war-drives-farmers-to-corn-as-china-shuns-us-soybeans-tt.md) | +0.6% | +1.1% |
| SOY | 2019-12-05 | [Soybeans take the slow boat to China as trade war rumbles on - Splash247](https://feedsoft.ai/events/55468-soybeans-take-the-slow-boat-to-china-as-trade-war-rumbles-on-splash247.md) | +1.8% | +6.0% |
| SOY | 2020-01-09 | [New Data: U.S. Soybean Farmers Lost 2nd Year To China Trade War](https://feedsoft.ai/events/55115-new-data-u-s-soybean-farmers-lost-2nd-year-to-china-trade-war.md) | -1.0% | -6.1% |
| SOY | 2018-08-01 | [Why Soybeans Are at the Heart of the U.S.-China Trade War](https://feedsoft.ai/events/64080-why-soybeans-are-at-the-heart-of-the-u-s-china-trade-war.md) | -1.6% | -9.2% |
| SBM | 2018-11-12 | [U.S. soybean farmers hang on for dear life in Trump's China trade war](https://feedsoft.ai/events/62097-u-s-soybean-farmers-hang-on-for-dear-life-in-trump-s-china-trade-war.md) | +1.7% | +1.1% |
| SBM | 2017-12-22 | [China tightens import rules for U.S. soybeans](https://feedsoft.ai/events/67345-china-tightens-import-rules-for-u-s-soybeans.md) | -0.5% | +8.1% |
| SBM | 2018-12-03 | [Trump’s trade war sees US soybean exports heading south](https://feedsoft.ai/events/61762-trump-s-trade-war-sees-us-soybean-exports-heading-south.md) | -0.1% | +0.9% |

## Sources

- axios.com: https://www.axios.com/2018/11/22/soybean-tariffs-new-shipping-route

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