# Chinese Buyers Book Another Large Round Of U.S. Soybeans

> Chinese state-owned trading firms bought another 10 to 13 cargoes of U.S. soybeans for December to March shipment, after 8 to 10 cargoes booked earlier in the week. Combined purchases this week are estimated at 1.2 to 1.5 million metric tons. Reuters estimates China has bought about 15 million metric tons so far against a White House target of 25 million for the 2026-27 marketing year.

- Date: 2026-11-12 · published 2026-11-12T15:12:02.085Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/95711-chinese-buyers-book-another-large-round-of-u-s-soybeans
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Renewed Chinese state buying supports US soybean export demand and prices, reducing fears of a stalled China market. Remaining purchases needed to reach the target are still sizeable, so the price support may be partial.

## Read by commodity

- SBM: neutral
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-04-08 | [China Buys More U.S. Soybeans and Another Roundup Verdict - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/59448-china-buys-more-u-s-soybeans-and-another-roundup-verdict-ag-information-network.md) | -0.4% | -9.1% |
| SOY | 2020-07-14 | [China books record U.S. corn purchase, also buys soybeans \| Reuters](https://feedsoft.ai/events/51978-china-books-record-u-s-corn-purchase-also-buys-soybeans-reuters.md) | +3.0% | +0.0% |
| SOY | 2017-06-20 | [China may buy record volume of U.S. soybeans](https://feedsoft.ai/events/70349-china-may-buy-record-volume-of-u-s-soybeans.md) | -3.3% | +5.5% |
| SOY | 2017-10-23 | [Chinese Buyers Check Midwest Soybean Quality](https://feedsoft.ai/events/68328-chinese-buyers-check-midwest-soybean-quality.md) | -0.4% | +1.2% |
| SOY | 2019-09-23 | [China buys about 10 cargoes of U.S. soybeans after trade talks](https://feedsoft.ai/events/56922-china-buys-about-10-cargoes-of-u-s-soybeans-after-trade-talks.md) | +0.0% | +5.8% |
| SBM | 2026-07-31 | [Chinese buyers acquire US soybeans for October-November, traders say \| South China Morning Post](https://feedsoft.ai/events/14561-chinese-buyers-acquire-us-soybeans-for-october-november-traders-say-south-china.md) | -0.6% | +5.6% |
| SBM | 2026-10-28 | [China wants US soybeans. Its buyers prefer Brazil \| ThinkChina](https://feedsoft.ai/events/14541-china-wants-us-soybeans-its-buyers-prefer-brazil-thinkchina.md) | -3.8% | — |
| 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% |

## Sources

- conven.org: https://conven.org/usa/news/chinese-buyers-book-another-large-round-of-u-s-soybeans/

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