# Here’s your China commodity checklist - POLITICO

> A November U.S.-China deal package included a one-year commitment for China to buy $3.4 billion more U.S. soybeans, a three-year deal for $200 million more U.S. beef, and a three-year deal for $1 billion more U.S. pork. The package also included an LNG cooperation memorandum between Cheniere and CNPC.

- Date: 2018-05-22 · published 2018-05-22T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/64917-here-s-your-china-commodity-checklist-politico
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

These previously announced purchase commitments set a baseline for Chinese demand for U.S. soybeans, beef and pork. The commitments are already known, so they add little new price pressure.

## Read by commodity

- SOY: bullish ▲
- HOGS: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-02-19 | [China Sets Up Duty Waivers for U.S. Commodity Purchases - Caixin Global](https://feedsoft.ai/events/54476-china-sets-up-duty-waivers-for-u-s-commodity-purchases-caixin-global.md) | -1.5% | -7.6% |
| SOY | 2019-12-17 | [Commodities Report Hensall Co-op](https://feedsoft.ai/events/12110-commodities-report-hensall-co-op.md) | +1.3% | +0.7% |
| SOY | 2019-06-28 | [POLITICO Pro \| Article \| Big China soy buy precedes Trump-Xi meeting](https://feedsoft.ai/events/58478-politico-pro-article-big-china-soy-buy-precedes-trump-xi-meeting.md) | -1.7% | -0.5% |
| SOY | 2026-05-14 | [Trump asks China to increase imports of US farm, food commodities \| S&P Global](https://feedsoft.ai/events/14581-trump-asks-china-to-increase-imports-of-us-farm-food-commodities-s-and-p-global.md) | -1.3% | -8.2% |
| SOY | 2026-02-23 | [Economist: China’s politics, not prices, driving U.S. ag purchases - Brownfield Ag News](https://feedsoft.ai/events/14602-economist-china-s-politics-not-prices-driving-u-s-ag-purchases-brownfield-ag.md) | +1.7% | +2.1% |
| LCATTLE | 2022-06-06 | [China, Beef, and Corn](https://feedsoft.ai/events/14928-china-beef-and-corn.md) | +0.6% | +2.3% |
| LCATTLE | 2018-10-03 | [ETF Securities: Supply tightness aids cyclical commodities](https://feedsoft.ai/events/62450-etf-securities-supply-tightness-aids-cyclical-commodities.md) | -0.1% | +1.4% |
| LCATTLE | 2017-07-06 | [China-U.S. trade talks near 100 days](https://feedsoft.ai/events/69822-china-u-s-trade-talks-near-100-days.md) | +1.4% | -0.2% |

## Sources

- politico.com: https://www.politico.com/newsletters/morning-trade/2018/05/22/heres-your-china-commodity-checklist-225652

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