# U.S. grains: Soy climbs as U.S., China plan to restart trade talks - Manitoba Co-operator

> US soybean futures climbed to one-week highs on August 16 after China's Ministry of Commerce said a delegation would travel to the US for bilateral trade talks later that month. Most-active soybeans rose 3.2% to $8.97 a bushel, and wheat and corn also gained. Traders covered short positions ahead of the planned talks.

- Date: 2018-08-16 · published 2018-08-16T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/63566-u-s-grains-soy-climbs-as-u-s-china-plan-to-restart-trade-talks-manitoba-co
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Expectations of renewed US-China trade talks raise the chance of resumed Chinese soybean purchases, supporting US soy prices and the broader feed grain complex.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-10-27 | [U.S. grains: Soy hits four-month high on hopes for China trade deal - Manitoba Co-operator](https://feedsoft.ai/events/22452-u-s-grains-soy-hits-four-month-high-on-hopes-for-china-trade-deal-manitoba-co.md) | +5.6% | +8.0% |
| SOY | 2017-03-01 | [U.S. grains: Wheat ends up three per cent - Manitoba Co-operator](https://feedsoft.ai/events/72050-u-s-grains-wheat-ends-up-three-per-cent-manitoba-co-operator.md) | -1.0% | -5.2% |
| SOY | 2018-12-03 | [Grains React to U.S.-China Trade Truce, Close With Solid Gains](https://feedsoft.ai/events/5832-grains-react-to-u-s-china-trade-truce-close-with-solid-gains.md) | +1.7% | +0.0% |
| SOY | 2019-08-26 | [Daily US grain report: grain futures lifted by apparent US-China moves to restart trade talks
						 \| The Poultry Site](https://feedsoft.ai/events/5699-daily-us-grain-report-grain-futures-lifted-by-apparent-us-china-moves-to.md) | +1.6% | +5.8% |
| SOY | 2024-11-05 | [Tariff fears trigger Chinese buying - Manitoba Co-operator](https://feedsoft.ai/events/27377-tariff-fears-trigger-chinese-buying-manitoba-co-operator.md) | +2.5% | +0.5% |
| CORN | 2025-10-27 | [U.S. grains: Soy hits four-month high on hopes for China trade deal - Manitoba Co-operator](https://feedsoft.ai/events/22452-u-s-grains-soy-hits-four-month-high-on-hopes-for-china-trade-deal-manitoba-co.md) | +1.4% | +2.7% |
| CORN | 2017-03-01 | [U.S. grains: Wheat ends up three per cent - Manitoba Co-operator](https://feedsoft.ai/events/72050-u-s-grains-wheat-ends-up-three-per-cent-manitoba-co-operator.md) | -0.7% | -1.8% |
| CORN | 2018-12-03 | [Grains React to U.S.-China Trade Truce, Close With Solid Gains](https://feedsoft.ai/events/5832-grains-react-to-u-s-china-trade-truce-close-with-solid-gains.md) | +6.8% | +8.4% |

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/daily/u-s-grains-soy-climbs-as-u-s-china-plan-to-restart-trade-talks/

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