# Soy Bean Prices Soar Thanks To Tariff Tone Down

> Indiana farmers reacted with relief after US-China negotiations appeared to reach a stalemate with mutual concessions, including China's planned cut of its tariff on American autos from 25% to 15% from July 1. Soybean futures rose about a quarter after the news, and a Trump tweet claimed China agreed to buy massive amounts of additional farm products.

- Date: 2018-05-22 · published 2018-05-22T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/65053-soy-bean-prices-soar-thanks-to-tariff-tone-down
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Easing trade tensions and a possible Chinese purchase commitment support US soybean demand and prices, though analysts want details before assuming new export sales.

## Read by commodity

- SBM: neutral
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-05-20 | [US Soybean Prices Higher in Spite of Tariff Concerns](https://feedsoft.ai/events/30297-us-soybean-prices-higher-in-spite-of-tariff-concerns.md) | +1.6% | -5.7% |
| SOY | 2020-11-06 | [Soya bean prices rise to four-year high  - 06 November 2020 Premium](https://feedsoft.ai/events/12426-soya-bean-prices-rise-to-four-year-high-06-november-2020-premium.md) | +3.2% | +5.6% |
| SOY | 2026-02-05 | [China Faces Higher Prices for Further U.S. Soybean Buys to Please Trump](https://feedsoft.ai/events/14600-china-faces-higher-prices-for-further-u-s-soybean-buys-to-please-trump.md) | +2.9% | +6.5% |
| SOY | 2025-10-01 | [Trump’s Signal on China Trade Talks Lifts Soybean Prices - Bloomberg](https://feedsoft.ai/events/22453-trump-s-signal-on-china-trade-talks-lifts-soybean-prices-bloomberg.md) | +2.0% | +7.6% |
| SOY | 2026-10-27 | [Soybean meal prices decline profits decline China's soybean imports slow down 10/27 Update MySheen](https://feedsoft.ai/events/494-soybean-meal-prices-decline-profits-decline-china-s-soybean-imports-slow-down.md) | +0.5% | — |
| SBM | 2024-05-20 | [US Soybean Prices Higher in Spite of Tariff Concerns](https://feedsoft.ai/events/30297-us-soybean-prices-higher-in-spite-of-tariff-concerns.md) | +3.9% | -1.2% |
| SBM | 2019-01-16 | [Soybean price stable despite tariff dispute - Chinadaily.com.cn](https://feedsoft.ai/events/61087-soybean-price-stable-despite-tariff-dispute-chinadaily-com-cn.md) | +1.2% | +0.3% |
| SBM | 2025-10-29 | [India's soybean meal exports fall by 11% due to high prices - The Economic Times](https://feedsoft.ai/events/22478-india-s-soybean-meal-exports-fall-by-11-due-to-high-prices-the-economic-times.md) | +3.4% | +2.2% |

## Sources

- wfyi.org: https://www.wfyi.org/public-affairs/2018-05-22/soy-bean-prices-soar-thanks-to-tariff-tone-down

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