Ahead of trade talks, China makes biggest US soybean purchases since June, traders say

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.

• Jul 8, 2026China makes biggest U.S. soybean purchase since November - TT+0.9%
• Dec 10, 2019China steps up US soybean purchases as trade talks drag on+2.8%
• Jan 1, 2019Exclusive: China makes first big U.S. soybean purchase since Trump-Xi truce By Reuters+2.7%
• Nov 7, 2023EXCLUSIVE: China makes largest US soy purchases in months -traders | Reuters+2.1%
• Oct 10, 2019China buys more U.S. soybeans, record volume of pork ahead of trade talks | Reuters+0.5%

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.

• Aug 1, 2026Tariffs, in the way of larger China purchases of US soybeans: market sources-0.8%
• Mar 25, 2020China's purchase of US soybeans spike in Jan-Feb under phase one deal-3.2%
• Aug 17, 2018Soybean bulls and bears both watching China and trade talks-6.2%
• Jun 2, 2020China buys U.S. soybeans after halt to U.S. purchases ordered: sources+1.9%
• Jul 31, 2026Chinese buyers acquire US soybeans for October-November, traders say | South China Morning Post-0.6%