China to buy U.S. soybeans to meet market demand

After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.

• May 13, 2020Market analyst optimistic about Phase One trade deal | Iowa Agribusiness Radio Network-0.8%
• May 5, 2020China and Mexico Buy U.S. Corn and Soybeans | Red River Farm Network+2.2%
• Jan 14, 2021China's 2020 soybean imports climb 13% to record as pig sector demand recovers - Markets - Business Recorder-2.9%
• Jun 25, 2021China Buys More U.S. Soybeans | Red River Farm Network+5.5%
• Oct 9, 2026China Needs $1.2B/Week in U.S. Ag Buys to Hit Trade Deal — Agribusiness Wire-2.2%

After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.

• Jan 14, 2021China's 2020 soybean imports climb 13% to record as pig sector demand recovers - Markets - Business Recorder-3.0%
• Jun 25, 2021China Buys More U.S. Soybeans | Red River Farm Network+8.2%
• Dec 25, 2020China's Nov soybean imports from U.S. surge on year after trade deal - Markets - Business Recorder+2.9%
• Aug 13, 2020Soybean Demand Offers Hope for the Market | Red River Farm Network+4.8%
• Apr 21, 2019USDA sees strong PHL soybean meal market due to growing demand for animal feed - BusinessWorld Online-1.1%