# What Does the US Export to China? Soybeans Lowest in Decade - Bloomberg

> Soybean futures fell to their lowest level in a decade as the escalating US-China trade war reduced hopes that China would resume buying American soybeans. The market is also dealing with an existing supply glut.

- Date: 2019-05-13 · published 2019-05-13T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/7754-what-does-the-us-export-to-china-soybeans-lowest-in-decade-bloomberg
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Loss of expected Chinese import demand adds to excess supply, pressuring US soybean and soymeal prices lower. Feed buyers may see cheaper protein supplies in the near term.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBM | 2019-05-13 | 1 | +3.5% | 4.2 | Soybean futures hit decade lows on 2019-05-13 as the escalating trade war cut hopes of Chinese buying, directly pressuring meal alongside beans. |
| SBM | 2019-05-15 | 5 | +6.3% | 3.2 | Soybean futures fell to decade lows on May 13 as the trade war cut hopes of Chinese buying, with meal following beans. |
| SOY | 2019-05-13 | 1 | +3.4% | 5.0 | Soybeans hit a decade low on May 13 on the escalating US-China trade war, a sentiment driver that set up the volatile move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-07-25 | [Why the EU Was Already Likely to Import More U.S. Soybeans - Bloomberg](https://feedsoft.ai/events/64075-why-the-eu-was-already-likely-to-import-more-u-s-soybeans-bloomberg.md) | +5.3% | +1.9% |
| SOY | 2022-11-07 | [China’s October soybean imports slide to lowest in eight years](https://feedsoft.ai/events/38680-china-s-october-soybean-imports-slide-to-lowest-in-eight-years.md) | +0.3% | -0.9% |
| SOY | 2019-11-06 | [Panamax rates slide as trade war bites into US soybean exports to China](https://feedsoft.ai/events/56287-panamax-rates-slide-as-trade-war-bites-into-us-soybean-exports-to-china.md) | -1.7% | -4.7% |
| SOY | 2026-03-16 | [Soybeans Slumps More Than 3% on Possible US-China Talks Delay - Bloomberg](https://feedsoft.ai/events/5792-soybeans-slumps-more-than-3-on-possible-us-china-talks-delay-bloomberg.md) | -4.1% | -4.0% |
| SOY | 2026-05-15 | [Soybeans Fall as China Summit Leaves US Farmers Seeking Details - Bloomberg](https://feedsoft.ai/events/9298-soybeans-fall-as-china-summit-leaves-us-farmers-seeking-details-bloomberg.md) | +1.7% | -5.2% |
| SBM | 2018-07-25 | [Why the EU Was Already Likely to Import More U.S. Soybeans - Bloomberg](https://feedsoft.ai/events/64075-why-the-eu-was-already-likely-to-import-more-u-s-soybeans-bloomberg.md) | +3.7% | -1.2% |
| SBM | 2026-05-15 | [Soybeans Fall as China Summit Leaves US Farmers Seeking Details - Bloomberg](https://feedsoft.ai/events/9298-soybeans-fall-as-china-summit-leaves-us-farmers-seeking-details-bloomberg.md) | -3.3% | -12.8% |
| SBM | 2019-05-29 | [Local ports see 'dramatic hit' to soybean exports during US-China trade war](https://feedsoft.ai/events/59104-local-ports-see-dramatic-hit-to-soybean-exports-during-us-china-trade-war.md) | +2.6% | +0.9% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-05-13/grain-soy-soybeans-at-decade-low-amid-trade-war-pig-fever-woes

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