# Two Boatloads of U.S. Soybeans on Their Way to China Despite Tariffs - Caixin Global

> Two vessels loaded with U.S. soybeans, the Star Laura and Golden Empress, have departed for China despite retaliatory tariffs. Chinese buyers have mostly purchased Brazilian beans since July, and U.S. exports to China since September 1 totaled about 66,955 tonnes as of October 4.

- Date: 2018-10-16 · published 2018-10-16T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/62398-two-boatloads-of-u-s-soybeans-on-their-way-to-china-despite-tariffs-caixin
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Renewed Chinese interest in U.S. cargoes signals possible support for U.S. soybean export prices ahead of the Brazilian off-season. However, the volumes are small relative to normal seasonal demand.

## Read by commodity

- SBM: neutral
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-10-31 | [In Depth: Why China Is Still Hooked on U.S. Soybeans - Caixin Global](https://feedsoft.ai/events/56426-in-depth-why-china-is-still-hooked-on-u-s-soybeans-caixin-global.md) | -0.1% | -3.7% |
| SOY | 2018-12-03 | [Update: China Stocks Rally After China and U.S. Agree To Delay New Tariffs - Caixin Global](https://feedsoft.ai/events/6925-update-china-stocks-rally-after-china-and-u-s-agree-to-delay-new-tariffs-caixin.md) | +1.7% | +0.0% |
| SOY | 2020-05-14 | [China’s Pigs Gobble Up Brazilian Soybeans - Caixin Global](https://feedsoft.ai/events/53094-china-s-pigs-gobble-up-brazilian-soybeans-caixin-global.md) | +1.3% | +3.6% |
| SOY | 2020-12-11 | [Soybean Deal Signals China’s Early Jump Into 2021 U.S. Market - Caixin Global](https://feedsoft.ai/events/49684-soybean-deal-signals-china-s-early-jump-into-2021-u-s-market-caixin-global.md) | +4.2% | +19.2% |
| SOY | 2019-09-13 | [China to Exempt U.S. Soybeans, Pork From Punitive Tariffs](https://feedsoft.ai/events/56925-china-to-exempt-u-s-soybeans-pork-from-punitive-tariffs.md) | +1.1% | +4.6% |
| SBM | 2025-04-09 | [Wave of US soybeans set to reach China's shores despite tariffs](https://feedsoft.ai/events/14668-wave-of-us-soybeans-set-to-reach-china-s-shores-despite-tariffs.md) | +1.4% | -1.3% |
| SBM | 2018-11-13 | [Frozen Out of China, U.S. Soybean Farmers Refuse to Sell - Caixin Global](https://feedsoft.ai/events/62093-frozen-out-of-china-u-s-soybean-farmers-refuse-to-sell-caixin-global.md) | -0.0% | +1.7% |
| SBM | 2019-03-14 | [Europe Buys More U.S. Soybeans as Exports to China Plunge - Caixin Global](https://feedsoft.ai/events/8268-europe-buys-more-u-s-soybeans-as-exports-to-china-plunge-caixin-global.md) | +3.8% | +3.3% |

## Sources

- caixinglobal.com: https://www.caixinglobal.com/2018-10-16/two-boatloads-of-us-soybeans-on-their-way-to-china-despite-tariffs-101335371.html

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