# U.S. soybean farmers hang on for dear life in Trump's China trade war

> US soybean farmers are holding crops in storage to wait out the trade war, which has more than doubled US soybean inventories. Soybean imports by China are down nearly 90%, and prices have fallen below $9 a bushel from above $11 earlier in the year. Bloomberg pegs July soybean futures at $9.27 on hopes for a G20 deal.

- Date: 2018-11-12 · published 2018-11-12T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/62097-u-s-soybean-farmers-hang-on-for-dear-life-in-trump-s-china-trade-war
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Doubled inventories and collapsed Chinese demand keep US soybean prices under pressure, while the futures curve implies some recovery if a trade deal emerges at the G20.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2018-06-15 | [U.S. farmers brace for impact of China trade war, soy at one-year low](https://feedsoft.ai/events/64566-u-s-farmers-brace-for-impact-of-china-trade-war-soy-at-one-year-low.md) | -5.0% | -12.2% |
| SOY | 2025-09-27 | [US soybean farmers caught in Trump's trade battle with China \| AP News](https://feedsoft.ai/events/14637-us-soybean-farmers-caught-in-trump-s-trade-battle-with-china-ap-news.md) | +0.4% | +2.8% |
| SOY | 2019-03-02 | [As trade war wears on, U.S. soybean farmers start to worry that China's demand won't return](https://feedsoft.ai/events/60197-as-trade-war-wears-on-u-s-soybean-farmers-start-to-worry-that-china-s-demand.md) | -1.7% | -1.7% |
| SOY | 2018-11-22 | [Trump's China trade war forces U.S. soybeans to take costly detour](https://feedsoft.ai/events/62091-trump-s-china-trade-war-forces-u-s-soybeans-to-take-costly-detour.md) | +0.5% | +0.2% |
| SBM | 2018-11-22 | [Trump's China trade war forces U.S. soybeans to take costly detour](https://feedsoft.ai/events/62091-trump-s-china-trade-war-forces-u-s-soybeans-to-take-costly-detour.md) | +0.1% | -0.3% |
| SBM | 2019-03-20 | [As bumper harvest nears, Argentina's soy farmers stall deals waiting for trade war's end](https://feedsoft.ai/events/59939-as-bumper-harvest-nears-argentina-s-soy-farmers-stall-deals-waiting-for-trade.md) | +0.1% | -1.4% |
| SBM | 2025-08-28 | [What Role Do Farm Products Have in U.S.-China Trade Deal?](https://feedsoft.ai/events/14641-what-role-do-farm-products-have-in-u-s-china-trade-deal.md) | -5.5% | -6.9% |

## Sources

- axios.com: https://www.axios.com/2018/11/12/american-soybeans-china-trump-trade-tariffs

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