# China could target US soybeans in a trade dispute, but Beijing is holding off for now

> Chinese soybean and soymeal futures jumped on fears of a trade war, with soymeal reaching its highest since July 2016 in Chicago. Analysts said Beijing is unlikely to target soybeans just to counter US metal tariffs.

- Date: 2018-03-02 · published 2018-03-02T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/65867-china-could-target-us-soybeans-in-a-trade-dispute-but-beijing-is-holding-off
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Trade-war fears lift soymeal and soybean prices through risk premium, though experts see a retaliatory soybean cut as unlikely for now, limiting sustained upside.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-09-28 | [US-China trade: soybeans, corn and cars surge, but Beijing still not close to meeting demands of deal \| South China Morning Post](https://feedsoft.ai/events/50984-us-china-trade-soybeans-corn-and-cars-surge-but-beijing-still-not-close-to.md) | +1.8% | +8.1% |
| SOY | 2019-12-19 | [Trade war: China buys US soybeans after fresh round of tariff waivers, but will it be the last for some time? \| South China Morning Post](https://feedsoft.ai/events/55445-trade-war-china-buys-us-soybeans-after-fresh-round-of-tariff-waivers-but-will.md) | +1.0% | +0.1% |
| SOY | 2026-01-20 | [China hits 12 million ton US soybean target pledged in trade truce \| Reuters](https://feedsoft.ai/events/14605-china-hits-12-million-ton-us-soybean-target-pledged-in-trade-truce-reuters.md) | +0.4% | +7.2% |
| SOY | 2019-09-23 | [China buys about 10 cargoes of U.S. soybeans after trade talks](https://feedsoft.ai/events/56922-china-buys-about-10-cargoes-of-u-s-soybeans-after-trade-talks.md) | +0.0% | +5.8% |
| SOY | 2026-07-31 | [Chinese buyers acquire US soybeans for October-November, traders say \| South China Morning Post](https://feedsoft.ai/events/14561-chinese-buyers-acquire-us-soybeans-for-october-november-traders-say-south-china.md) | -1.7% | +6.7% |
| SBM | 2019-12-19 | [Trade war: China buys US soybeans after fresh round of tariff waivers, but will it be the last for some time? \| South China Morning Post](https://feedsoft.ai/events/55445-trade-war-china-buys-us-soybeans-after-fresh-round-of-tariff-waivers-but-will.md) | -1.1% | -0.8% |
| SBM | 2019-09-01 | [The Trade War Is Creating a Windfall for Rivals of U.S. Soy in China](https://feedsoft.ai/events/57615-the-trade-war-is-creating-a-windfall-for-rivals-of-u-s-soy-in-china.md) | -0.3% | +2.3% |
| SBM | 2019-02-02 | [Exclusive: China buys U.S. soybeans a day after trade talks - traders](https://feedsoft.ai/events/60471-exclusive-china-buys-u-s-soybeans-a-day-after-trade-talks-traders.md) | -1.8% | -1.8% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/03/02/china-could-target-u-s-soybeans-in-a-trade-dispute-but-beijing-is-holding-off-for-now.html

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