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

> Privately run Chinese firms bought at least 10 boatloads of U.S. soybeans, over 600,000 tonnes, ahead of high-level trade talks. The cargoes are slated for shipment from Pacific Northwest terminals from October to December. The purchases were the largest by Chinese private importers in more than a year.

- Date: 2019-09-12 · published 2019-09-12T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/9439-ahead-of-trade-talks-china-makes-biggest-us-soybean-purchases-since-june
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Large Chinese buying of U.S. beans supports export demand and narrows the discount to Brazilian supply, which is bullish for soybean prices. Buyers should watch whether the purchases are followed by a broader trade deal.

## Read by commodity

- SBM: neutral
- SOY: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SOY | 2019-09-11 | 1 | +3.4% | 3.6 | Reports of Chinese private firms buying over 600,000 tonnes of US soybeans ahead of trade talks (reported Sept 11-12) would raise export demand expectations and drive the 3.4% rally. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-07-08 | [China makes biggest U.S. soybean purchase since November - TT](https://feedsoft.ai/events/14563-china-makes-biggest-u-s-soybean-purchase-since-november-tt.md) | +0.9% | -3.5% |
| SOY | 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) | +2.8% | +4.6% |
| SOY | 2019-01-01 | [Exclusive: China makes first big U.S. soybean purchase since Trump-Xi truce By Reuters](https://feedsoft.ai/events/61592-exclusive-china-makes-first-big-u-s-soybean-purchase-since-trump-xi-truce-by.md) | +2.7% | +4.4% |
| SOY | 2023-11-07 | [EXCLUSIVE: China makes largest US soy purchases in months -traders \| Reuters](https://feedsoft.ai/events/14795-exclusive-china-makes-largest-us-soy-purchases-in-months-traders-reuters.md) | +2.1% | -2.6% |
| SOY | 2019-10-10 | [China buys more U.S. soybeans, record volume of pork ahead of trade talks \| Reuters](https://feedsoft.ai/events/56423-china-buys-more-u-s-soybeans-record-volume-of-pork-ahead-of-trade-talks-reuters.md) | +0.5% | -0.9% |
| SBM | 2026-08-01 | [Tariffs, in the way of larger China purchases of US soybeans: market sources](https://feedsoft.ai/events/18362-tariffs-in-the-way-of-larger-china-purchases-of-us-soybeans-market-sources.md) | -0.8% | +8.2% |
| SBM | 2020-03-25 | [China's purchase of US soybeans spike in Jan-Feb under phase one deal](https://feedsoft.ai/events/53995-china-s-purchase-of-us-soybeans-spike-in-jan-feb-under-phase-one-deal.md) | -3.2% | -13.2% |
| SBM | 2018-08-17 | [Soybean bulls and bears both watching China and trade talks](https://feedsoft.ai/events/63616-soybean-bulls-and-bears-both-watching-china-and-trade-talks.md) | -6.2% | -8.2% |

## Sources

- cnbc.com: https://www.cnbc.com/2019/09/12/ahead-of-trade-talks-china-makes-biggest-us-soybean-purchases-since-june-traders-say.html
- reuters.com: https://www.reuters.com/article/us-usa-trade-china-soybeans/exclusive-ahead-of-trade-talks-china-makes-biggest-us-soybean-purchases-since-june-traders-idUSKCN1VX2ER/

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