# U.S. grains: Soybeans hit three-month high on US-China trade deal, USDA report - Canadian Cattlemen

> Chicago soybean futures hit a three-month high as the US-China truce and a bullish USDA report helped prices recover to pre-trade-war levels. Wheat slid to lifetime lows on good US harvest prospects and bigger world and US ending stocks, while USDA's first new-crop corn inventory forecast fell short of expectations.

- Date: 2025-05-12 · published 2025-05-12T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/9508-u-s-grains-soybeans-hit-three-month-high-on-us-china-trade-deal-usda-report
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The tariff truce and tight USDA soybean supplies support soybean prices, while ample wheat supplies keep wheat weak and lower feed-grain alternatives less expensive.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-10-29 | [U.S. grains: Soybeans set 15-month high on U.S.-China trade deal hopes - Grainews](https://feedsoft.ai/events/22451-u-s-grains-soybeans-set-15-month-high-on-u-s-china-trade-deal-hopes-grainews.md) | +2.8% | +4.3% |
| SOY | 2025-10-27 | [U.S. grains: Soy hits four-month high on hopes for China trade deal - Manitoba Co-operator](https://feedsoft.ai/events/22452-u-s-grains-soy-hits-four-month-high-on-hopes-for-china-trade-deal-manitoba-co.md) | +5.6% | +8.0% |
| SOY | 2026-02-04 | [U.S. grains: Chicago soybeans jump to two-month high on Trump comments - Grainews](https://feedsoft.ai/events/20639-u-s-grains-chicago-soybeans-jump-to-two-month-high-on-trump-comments-grainews.md) | +5.3% | +8.3% |
| SOY | 2018-12-03 | [U.S. grains: Soybeans strike post-harvest highs on trade truce - AgCanada](https://feedsoft.ai/events/5837-u-s-grains-soybeans-strike-post-harvest-highs-on-trade-truce-agcanada.md) | +1.7% | +0.0% |
| SOY | 2025-03-21 | [South American soybean meal basis hits three-month high \| S&P Global](https://feedsoft.ai/events/25655-south-american-soybean-meal-basis-hits-three-month-high-s-and-p-global.md) | +0.4% | +2.3% |
| WHEAT | 2020-05-02 | [U.S. grains: Soybeans slide on renewed trade tensions with China - Grainews](https://feedsoft.ai/events/53163-u-s-grains-soybeans-slide-on-renewed-trade-tensions-with-china-grainews.md) | +3.0% | +3.0% |
| WHEAT | 2026-03-16 | [CRMAgri - Latest - Soybeans hit limit down on US/ China trade doubts](https://feedsoft.ai/events/5796-crmagri-latest-soybeans-hit-limit-down-on-us-china-trade-doubts.md) | -2.8% | -1.4% |
| WHEAT | 2025-11-06 | [U.S. grains: Soybeans, wheat plummet from highs on limited Chinese demand - Grainews](https://feedsoft.ai/events/8211-u-s-grains-soybeans-wheat-plummet-from-highs-on-limited-chinese-demand-grainews.md) | -4.0% | -1.5% |

## Sources

- canadiancattlemen.ca: https://www.canadiancattlemen.ca/daily/u-s-grains-soybeans-hit-3-month-high-on-us-china-trade-deal-usda-report/

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