# Soybeans up, waiting for more on China - Brownfield Ag News

> Soybeans edged higher on short covering after China reportedly exempted U.S. beans from a tariff increase ahead of the next round of talks in October. China bought 204,000 tons of new-crop U.S. beans. A poll projected a record Brazilian soybean crop of 122.62 million tons.

- Date: 2019-09-13 · published 2019-09-13T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/9441-soybeans-up-waiting-for-more-on-china-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tariff relief and purchases support U.S. soybean export demand, but a record Brazilian crop caps the upside. Buyers should expect firm but range-bound soybean prices until the October talks.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-02-01 | [Soybeans, corn up, but waiting for more details on China - Brownfield Ag News](https://feedsoft.ai/events/60636-soybeans-corn-up-but-waiting-for-more-details-on-china-brownfield-ag-news.md) | -0.2% | -1.7% |
| SOY | 2018-07-27 | [Soybeans up on export sale, prospect for more - Brownfield Ag News](https://feedsoft.ai/events/64107-soybeans-up-on-export-sale-prospect-for-more-brownfield-ag-news.md) | +2.5% | -2.2% |
| SOY | 2018-12-04 | [Soybeans, corn up, still waiting for trade deal details - Brownfield Ag News](https://feedsoft.ai/events/5833-soybeans-corn-up-still-waiting-for-trade-deal-details-brownfield-ag-news.md) | +1.0% | -0.6% |
| SOY | 2017-05-16 | [Soybeans up on new export sale - Brownfield Ag News](https://feedsoft.ai/events/71066-soybeans-up-on-new-export-sale-brownfield-ag-news.md) | -0.9% | -3.4% |
| SOY | 2018-07-31 | [Soybeans surge on weather, talks with China - Brownfield Ag News](https://feedsoft.ai/events/64054-soybeans-surge-on-weather-talks-with-china-brownfield-ag-news.md) | +0.3% | -4.6% |
| CORN | 2019-02-01 | [Soybeans, corn up, but waiting for more details on China - Brownfield Ag News](https://feedsoft.ai/events/60636-soybeans-corn-up-but-waiting-for-more-details-on-china-brownfield-ag-news.md) | -0.3% | -0.8% |
| CORN | 2018-07-27 | [Soybeans up on export sale, prospect for more - Brownfield Ag News](https://feedsoft.ai/events/64107-soybeans-up-on-export-sale-prospect-for-more-brownfield-ag-news.md) | +0.9% | -1.9% |
| CORN | 2018-12-04 | [Soybeans, corn up, still waiting for trade deal details - Brownfield Ag News](https://feedsoft.ai/events/5833-soybeans-corn-up-still-waiting-for-trade-deal-details-brownfield-ag-news.md) | +0.5% | +2.6% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-up-waiting-for-more-on-china/

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