# As trade tensions mount, China soybean buyers devise contingency plans | The Western Producer

> Chinese soybean buyers are quietly drawing up contingency plans, including buying more rapeseed meal as an alternative feed protein and adding exit clauses to US contracts. The moves follow US tariff action announced by President Trump.

- Date: 2018-03-23 · published 2018-03-23T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/65866-as-trade-tensions-mount-china-soybean-buyers-devise-contingency-plans-the
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Shifting Chinese demand toward rapeseed meal and cancellation rights on US contracts reduce US soymeal and soybean export demand, supporting canola meal prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-04-14 | [China's soybean demand slump baffles market \| The Western Producer](https://feedsoft.ai/events/36428-china-s-soybean-demand-slump-baffles-market-the-western-producer.md) | -0.2% | -3.8% |
| SOY | 2018-10-04 | [China’s cut to soybean consumption ‘unrealistic’ \| The Western Producer](https://feedsoft.ai/events/62523-china-s-cut-to-soybean-consumption-unrealistic-the-western-producer.md) | -1.1% | -2.6% |
| SOY | 2018-06-28 | [Canadian soybean producers sideswiped by U.S.-China trade battle - The Globe and Mail](https://feedsoft.ai/events/64569-canadian-soybean-producers-sideswiped-by-u-s-china-trade-battle-the-globe-and.md) | -3.7% | -0.7% |
| SOY | 2019-06-28 | [US-China trade tensions hurt Argentine soybean exports - Chinadaily.com.cn](https://feedsoft.ai/events/58439-us-china-trade-tensions-hurt-argentine-soybean-exports-chinadaily-com-cn.md) | -1.7% | -0.5% |
| SOY | 2018-06-25 | [Soybeans, corn down on trade tensions, weather - Brownfield Ag News](https://feedsoft.ai/events/8583-soybeans-corn-down-on-trade-tensions-weather-brownfield-ag-news.md) | -4.0% | -5.2% |
| SBM | 2023-04-14 | [China's soybean demand slump baffles market \| The Western Producer](https://feedsoft.ai/events/36428-china-s-soybean-demand-slump-baffles-market-the-western-producer.md) | -1.7% | -7.5% |
| SBM | 2018-10-04 | [China’s cut to soybean consumption ‘unrealistic’ \| The Western Producer](https://feedsoft.ai/events/62523-china-s-cut-to-soybean-consumption-unrealistic-the-western-producer.md) | +1.5% | -0.4% |
| SBM | 2019-06-28 | [US-China trade tensions hurt Argentine soybean exports - Chinadaily.com.cn](https://feedsoft.ai/events/58439-us-china-trade-tensions-hurt-argentine-soybean-exports-chinadaily-com-cn.md) | -2.7% | -2.9% |

## Sources

- producer.com: https://www.producer.com/news/trade-tensions-mount-china-soybean-buyers-devise-contingency-plans/

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