# U.S.-China trade tensions press CBOT soybeans - Xinhua | English.news.cn

> CBOT grains closed sharply lower on Monday, May 7, with July soybeans down 25.25 cents to 10.115 dollars and July corn down 5.5 cents to 4.0075. Limited progress in high-level Beijing talks fueled concern that the US-China trade dispute will continue, with AgResource estimating 4-4.5 million tonnes of old-crop US soybean sales at risk.

- Date: 2018-05-08 · published 2018-05-08T12:00:00.000Z
- Category: trade · region China · magnitude high
- Page: https://feedsoft.ai/events/7885-u-s-china-trade-tensions-press-cbot-soybeans-xinhua-english-news-cn
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Risk to Chinese purchases of US soybeans is bearish for soybean prices and related meal, and a strong dollar further weakens US export competitiveness.

## Read by commodity

- DXY: bullish ▲
- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-05-02 | [U.S. grains: Soybeans slide on renewed trade tensions with China - Grainews](https://feedsoft.ai/events/53163-u-s-grains-soybeans-slide-on-renewed-trade-tensions-with-china-grainews.md) | +0.2% | -0.8% |
| SOY | 2019-05-24 | [Economic Watch: Weal and woe of soybean in Sino-U.S. trade conflicts - Xinhua \| English.news.cn](https://feedsoft.ai/events/58953-economic-watch-weal-and-woe-of-soybean-in-sino-u-s-trade-conflicts-xinhua.md) | +6.8% | +9.9% |
| SOY | 2025-03-04 | [CBOT soybeans tumble on escalating trade tensions](https://feedsoft.ai/events/11137-cbot-soybeans-tumble-on-escalating-trade-tensions.md) | +0.2% | +1.7% |
| 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 | 2025-03-04 | [CBOT soybeans tumble on escalating trade tensions](https://feedsoft.ai/events/11137-cbot-soybeans-tumble-on-escalating-trade-tensions.md) | +1.6% | +1.1% |
| 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% |
| SBM | 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) | -1.9% | -3.3% |

## Sources

- xinhuanet.com: http://www.xinhuanet.com/english/2018-05/08/c_137162463.htm

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