
Reuters reports China has bought US soybeans after its pledge to Trump, but traders say the purchases were made at high prices. The absence of China as a buyer had earlier pushed US soy prices near multi-year lows and strained farm finances.
Renewed Chinese buying supports US soybean export flows, though high offer premiums signal the purchases may be less competitive than Brazilian supply.
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.
After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.