# Soybeans supported by new export sale to China - Brownfield Ag News

> Soybeans rose on commercial and technical buying after China bought 198,000 tons of new-crop U.S. soybeans. Corn also firmed, while South Korea and Israel made smaller corn purchases. Weather in South America and U.S. Midwest maturity conditions were also in focus.

- Date: 2017-09-13 · published 2017-09-13T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/68860-soybeans-supported-by-new-export-sale-to-china-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A new Chinese purchase of U.S. new-crop soybeans supports export demand and prices. The purchase is modest in size, so the effect is limited.

## Read by commodity

- SBM: bullish ▲
- SBO: bearish ▼
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-12-06 | [New export sales support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/6328-new-export-sales-support-soybeans-corn-brownfield-ag-news.md) | +1.5% | -0.5% |
| CORN | 2023-10-05 | [Export sales support corn - Brownfield Ag News](https://feedsoft.ai/events/33729-export-sales-support-corn-brownfield-ag-news.md) | -0.1% | -3.0% |
| CORN | 2018-11-01 | [Soybeans supported by possible trade talks - Brownfield Ag News](https://feedsoft.ai/events/62110-soybeans-supported-by-possible-trade-talks-brownfield-ag-news.md) | +3.6% | -4.4% |
| CORN | 2016-10-27 | [Demand supports soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/9242-demand-supports-soybeans-corn-brownfield-ag-news.md) | -2.9% | -2.3% |
| CORN | 2018-07-27 | [Soybeans up on export sale, prospect for more - Brownfield Ag News](https://feedsoft.ai/events/64107-soybeans-up-on-export-sale-prospect-for-more-brownfield-ag-news.md) | +0.9% | -1.9% |
| SOY | 2021-10-15 | [Soybeans supported by recent export sales - Brownfield Ag News](https://feedsoft.ai/events/44416-soybeans-supported-by-recent-export-sales-brownfield-ag-news.md) | +1.5% | +0.5% |
| SOY | 2016-12-06 | [New export sales support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/6328-new-export-sales-support-soybeans-corn-brownfield-ag-news.md) | -1.2% | -3.6% |
| SOY | 2017-05-16 | [Soybeans up on new export sale - Brownfield Ag News](https://feedsoft.ai/events/71066-soybeans-up-on-new-export-sale-brownfield-ag-news.md) | -0.9% | -3.4% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-supported-solid-demand/
- brownfieldagnews.com: https://brownfieldagnews.com/news/soybeans-supported-new-export-sale-china/

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