# Why Soybeans Are at the Heart of the U.S.-China Trade War

> Bloomberg reports soybean futures fell 14 percent in June, the largest loss in four years, as U.S.-China tensions escalated. The article notes that Brazil harvested a bumper crop and U.S. farmers planted one of the highest soybean areas on record, with favorable growing conditions so far.

- Date: 2018-08-01 · published 2018-08-01T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/64080-why-soybeans-are-at-the-heart-of-the-u-s-china-trade-war
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Ample Brazilian and U.S. supplies combined with threatened Chinese demand keep soybean prices under pressure and weigh on soy meal and oil.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-03-14 | [Why U.S. growers are betting the farm on soybeans amid China trade war](https://feedsoft.ai/events/8266-why-u-s-growers-are-betting-the-farm-on-soybeans-amid-china-trade-war.md) | +1.9% | +1.5% |
| SOY | 2018-08-01 | [The bean at the heart of America's trade war](https://feedsoft.ai/events/63573-the-bean-at-the-heart-of-america-s-trade-war.md) | -1.6% | -9.2% |
| SOY | 2018-12-27 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/61593-inside-china-s-strategy-in-the-soybean-trade-war.md) | +3.5% | +6.4% |
| SOY | 2018-09-20 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/63015-inside-china-s-strategy-in-the-soybean-trade-war.md) | +2.4% | +6.7% |
| SOY | 2025-12-01 | [How the Lowly Soybean Got Trapped in the Crossfire of the U.S.-China Trade Wars](https://feedsoft.ai/events/21983-how-the-lowly-soybean-got-trapped-in-the-crossfire-of-the-u-s-china-trade-wars.md) | -2.9% | -7.8% |
| SBM | 2019-03-14 | [Why U.S. growers are betting the farm on soybeans amid China trade war](https://feedsoft.ai/events/8266-why-u-s-growers-are-betting-the-farm-on-soybeans-amid-china-trade-war.md) | +3.8% | +3.3% |
| SBM | 2018-08-01 | [The bean at the heart of America's trade war](https://feedsoft.ai/events/63573-the-bean-at-the-heart-of-america-s-trade-war.md) | -2.5% | -11.9% |
| SBM | 2018-12-27 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/61593-inside-china-s-strategy-in-the-soybean-trade-war.md) | +3.1% | +3.5% |

## Sources

- bloomberg.com: https://www.bloomberg.com/graphics/2018-soybean-tariff/

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