# Soybean Futures Rebound on Signs China Is Ramping Up Purchases - Bloomberg

> Chicago soybean futures jumped as much as 3.2% on Monday to a fresh 17-month high after President Trump said China is in the process of buying soybeans and that purchases could begin before spring. Trump's comments on Air Force One were the trigger for the rally.

- Date: 2025-11-17 · published 2025-11-17T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/7887-soybean-futures-rebound-on-signs-china-is-ramping-up-purchases-bloomberg
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expected Chinese demand for US beans supports soybean and soymeal prices, while the lack of confirmed purchases leaves the rally vulnerable to reversal.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-02-01 | [Soybean Futures Rise on China Purchase Plans  - WSJ](https://feedsoft.ai/events/60618-soybean-futures-rise-on-china-purchase-plans-wsj.md) | -0.2% | -1.7% |
| SOY | 2026-08-10 | [China Ramping Up US Soybean Purchases \| Farm Policy News \| Illinois](https://feedsoft.ai/events/14559-china-ramping-up-us-soybean-purchases-farm-policy-news-illinois.md) | +1.5% | +11.9% |
| SOY | 2019-10-03 | [Soybean Futures Bounce Back After China Restarts Purchases](https://feedsoft.ai/events/56615-soybean-futures-bounce-back-after-china-restarts-purchases.md) | +1.1% | +0.2% |
| SOY | 2020-08-26 | [China Said to Expect Record U.S. Soybean Purchases This Year - Bloomberg](https://feedsoft.ai/events/51649-china-said-to-expect-record-u-s-soybean-purchases-this-year-bloomberg.md) | +4.5% | +11.0% |
| SOY | 2019-07-24 | [China Approves Tariff-Free U.S. Soybean Purchases as Goodwill - Bloomberg](https://feedsoft.ai/events/57946-china-approves-tariff-free-u-s-soybean-purchases-as-goodwill-bloomberg.md) | -0.8% | -3.4% |
| SBM | 2019-10-03 | [Soybean Futures Bounce Back After China Restarts Purchases](https://feedsoft.ai/events/56615-soybean-futures-bounce-back-after-china-restarts-purchases.md) | +1.7% | +0.6% |
| SBM | 2020-08-26 | [China Said to Expect Record U.S. Soybean Purchases This Year - Bloomberg](https://feedsoft.ai/events/51649-china-said-to-expect-record-u-s-soybean-purchases-this-year-bloomberg.md) | +3.8% | +17.3% |
| SBM | 2019-12-10 | [China steps up US soybean purchases as trade talks drag on](https://feedsoft.ai/events/55447-china-steps-up-us-soybean-purchases-as-trade-talks-drag-on.md) | +1.6% | +0.1% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2025-11-17/soybean-futures-rebound-on-signs-china-is-ramping-up-purchases

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