# U.S. farmers brace for impact of China trade war, soy at one-year low

> Soybean futures fell 2.3 percent to a one-year low as farmers prepared for disruption to the roughly $12 billion in soybean shipments they send to China each year. Corn and wheat futures each fell less than 0.5 percent. The July contract hit $9.03 a bushel before ending lower.

- Date: 2018-06-15 · published 2018-06-15T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/64566-u-s-farmers-brace-for-impact-of-china-trade-war-soy-at-one-year-low
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Expected loss of Chinese demand for US soybeans, and the import levies that make arriving cargoes less attractive to buyers, pressures soybean prices and could lead to cancelled purchases.

## Read by commodity

- SOY: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SOY | 2018-06-14 | 5 | -6.6% | -2.9 | Soybean futures fell 2.3% to a one-year low on June 15 as the China trade war threatened roughly $12B of shipments, a direct demand and trade-flow driver, though it falls just after the window end on June 14. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-11-12 | [U.S. soybean farmers hang on for dear life in Trump's China trade war](https://feedsoft.ai/events/62097-u-s-soybean-farmers-hang-on-for-dear-life-in-trump-s-china-trade-war.md) | +1.9% | +4.5% |
| 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 | 2018-08-01 | [Why Soybeans Are at the Heart of the U.S.-China Trade War](https://feedsoft.ai/events/64080-why-soybeans-are-at-the-heart-of-the-u-s-china-trade-war.md) | -1.6% | -9.2% |
| 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 | 2017-01-26 | [America's farmers stand to lose the most in a China trade war](https://feedsoft.ai/events/72863-america-s-farmers-stand-to-lose-the-most-in-a-china-trade-war.md) | -1.8% | -4.1% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-china-soybeans/u-s-farmers-brace-for-impact-of-china-trade-war-soy-at-one-year-low-idUSKBN1JB2ZK/

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