# US seeks to more than double ag exports in talks with China | 2018-05-23 | Agri-Pulse | Agri-Pulse Communications, Inc.

> U.S. negotiators are seeking an increase of about $25 billion in Chinese imports of U.S. farm goods, roughly doubling the current $20 billion annual level. Agriculture Secretary Perdue said the shift would take two to five years and named rice, corn, poultry, soybeans and DDGS as candidates.

- Date: 2018-05-23 · published 2018-05-23T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/64911-us-seeks-to-more-than-double-ag-exports-in-talks-with-china-2018-05-23-agri
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A sustained increase in Chinese demand for U.S. corn, soybeans and DDGS would tighten U.S. export supplies and support futures. The multi-year timeline limits near-term price impact.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-12-31 | [China heads to end of 2020 with big imports of US soy, wheat, sorghum and corn \| 2020-12-31  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/49499-china-heads-to-end-of-2020-with-big-imports-of-us-soy-wheat-sorghum-and-corn.md) | +6.2% | +17.5% |
| CORN | 2022-04-04 | [China makes big US corn purchase as war continues to block Ukraine exports \| 2022-04-04 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14941-china-makes-big-us-corn-purchase-as-war-continues-to-block-ukraine-exports-2022.md) | +5.4% | -0.7% |
| CORN | 2020-01-15 | [China deal to open flood gates for US ag trade \| 2020-01-15  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/55159-china-deal-to-open-flood-gates-for-us-ag-trade-2020-01-15-agri-pulse.md) | +0.3% | -2.4% |
| CORN | 2021-05-19 | [China races to modernize pork production, pushing up corn and soy demand \| 2021-05-18  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/46956-china-races-to-modernize-pork-production-pushing-up-corn-and-soy-demand-2021-05.md) | -5.0% | +3.5% |
| CORN | 2025-06-11 | [U.S.-China tariff détente holds as officials eye more ag purchases \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14658-u-s-china-tariff-detente-holds-as-officials-eye-more-ag-purchases-agri-pulse.md) | -0.5% | -4.1% |
| SOY | 2020-12-31 | [China heads to end of 2020 with big imports of US soy, wheat, sorghum and corn \| 2020-12-31  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/49499-china-heads-to-end-of-2020-with-big-imports-of-us-soy-wheat-sorghum-and-corn.md) | +4.4% | +5.1% |
| SOY | 2020-05-06 | [US Soybean exporters face new threats home and abroad \| 2020-05-05  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/53222-us-soybean-exporters-face-new-threats-home-and-abroad-2020-05-05-agri-pulse.md) | +1.3% | +2.3% |
| SOY | 2020-01-15 | [China deal to open flood gates for US ag trade \| 2020-01-15  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/55159-china-deal-to-open-flood-gates-for-us-ag-trade-2020-01-15-agri-pulse.md) | -1.6% | -3.9% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/11021-us-seeks-to-more-than-double-ag-exports-in-talks-with-china

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