# Chinese soybean tariffs would hurt U.S. soybean farmers

> A Purdue University study projected that Chinese tariffs of 10% to 30% on US soybeans could cut Chinese imports of US beans by up to 71%. Total US soybean exports could fall by as much as 40% and production by 8% under the scenarios.

- Date: 2018-03-29 · published 2018-03-29T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/65865-chinese-soybean-tariffs-would-hurt-u-s-soybean-farmers
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Large projected losses in US export demand would weigh on US soybean prices, while Brazil and Argentina would gain share in China's import market.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-09-19 | [Soybean Farmers Worry About Tariffs' Impact : NPR](https://feedsoft.ai/events/63064-soybean-farmers-worry-about-tariffs-impact-npr.md) | +3.9% | +8.7% |
| SOY | 2024-06-07 | [Will more Trump tariffs hurt or help U.S. farmers?](https://feedsoft.ai/events/29760-will-more-trump-tariffs-hurt-or-help-u-s-farmers.md) | -0.9% | -2.1% |
| SOY | 2018-10-29 | [Soybean, pork farmers hurt most by trade war](https://feedsoft.ai/events/62549-soybean-pork-farmers-hurt-most-by-trade-war.md) | +3.6% | +2.0% |
| SOY | 2018-07-06 | [New Chinese Tariffs Mean Lower Prices For Wisconsin Farmers - WPR](https://feedsoft.ai/events/4970-new-chinese-tariffs-mean-lower-prices-for-wisconsin-farmers-wpr.md) | -0.7% | +5.6% |
| SOY | 2019-11-01 | [Soybean Prices Dip As Trump's Chinese Tariffs Take Effect](https://feedsoft.ai/events/56103-soybean-prices-dip-as-trump-s-chinese-tariffs-take-effect.md) | +0.9% | -4.4% |
| SBM | 2019-11-01 | [Soybean Prices Dip As Trump's Chinese Tariffs Take Effect](https://feedsoft.ai/events/56103-soybean-prices-dip-as-trump-s-chinese-tariffs-take-effect.md) | +0.4% | -4.4% |
| SBM | 2018-04-13 | [China traders, farmers shrug off risk of US soybeans tariff \| AP News](https://feedsoft.ai/events/65373-china-traders-farmers-shrug-off-risk-of-us-soybeans-tariff-ap-news.md) | -2.6% | +1.9% |
| SBM | 2019-08-08 | [US-China trade war: Soybean farmers are working new markets](https://feedsoft.ai/events/57614-us-china-trade-war-soybean-farmers-are-working-new-markets.md) | 0.0% | -1.5% |

## Sources

- farmprogress.com: https://www.farmprogress.com/soybean/chinese-soybean-tariffs-would-hurt-u-s-soybean-farmers

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