# China targets corn, soybeans

> China said it will levy an additional 25% tariff on about $50 billion of U.S. imports, with about $34 billion starting July 6. The list covers soybeans, corn, wheat, cotton, rice, sorghum, beef, pork, poultry and dairy.

- Date: 2018-06-16 · published 2018-06-16T12:00:00.000Z
- Category: trade · region China · magnitude high
- Page: https://feedsoft.ai/events/64395-china-targets-corn-soybeans
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Tariffs on major U.S. feed grains and oilseeds would curb Chinese demand for U.S. supplies and shift trade flows toward Brazil, which is bearish for U.S. prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- RICE: bearish ▼
- WHEAT: bearish ▼
- SORGHUM: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| RICE | 2018-06-27 | 5 | -9.4% | -3.5 | China's announced 25% retaliatory tariff list explicitly includes rice, which raises concern about lost US export demand and the broader trade-war sentiment hitting US grain futures, plausibly weighing on Rough Rice. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-03-09 | [China says U.S. soybeans 'prime target' over tariffs: trade group](https://feedsoft.ai/events/65864-china-says-u-s-soybeans-prime-target-over-tariffs-trade-group.md) | -1.2% | -1.9% |
| SOY | 2018-02-14 | [Lagging Soybean Sales to China](https://feedsoft.ai/events/66379-lagging-soybean-sales-to-china.md) | +2.2% | +1.7% |
| SOY | 2017-02-01 | [China’s soybean speculation](https://feedsoft.ai/events/72358-china-s-soybean-speculation.md) | +1.8% | +1.6% |
| SOY | 2018-03-26 | [Corn and Beans Lower On China Trade Talk.](https://feedsoft.ai/events/66033-corn-and-beans-lower-on-china-trade-talk.md) | +0.7% | -0.7% |
| 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% |
| CORN | 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) | +2.4% | +3.2% |
| CORN | 2020-11-20 | [China Targets U.S. Farm Imports With Tariffs on Soy, Corn - Pork Business](https://feedsoft.ai/events/50015-china-targets-u-s-farm-imports-with-tariffs-on-soy-corn-pork-business.md) | +0.1% | +1.2% |
| CORN | 2025-03-04 | [China targets US soybeans, lumber in stepped-up response to Trump tariffs \| Reuters](https://feedsoft.ai/events/14676-china-targets-us-soybeans-lumber-in-stepped-up-response-to-trump-tariffs-reuters.md) | +3.2% | +4.7% |

## Sources

- farmprogress.com: https://www.farmprogress.com/cotton/china-targets-corn-soybeans

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