What China's Soybean Tariff Gap Means for U.S. Exporters

China soybean imports for December to February are thinly booked as negative crush margins and the Spring Festival shutdown hold buyers back. Joe Zhu, Lead Market Intelligence Project Manager at StoneX, explains China's thin winter soybean coverage and why soybeans missed new tariff relief. The extended U.S.-China trade truce brings tariff relief for corn, wheat, sorghum and some meat, while U.S. soybeans still carry an additional 10% tariff. China's 25 million metric ton U.S. soybean commitment rests largely on state-owned COFCO and Sinograin. Chinese corn prices draw support from slower farmer selling, feed demand and reserve policy. Download the StoneX 2026 Commodities Outlook: https://www.stonex.com/en/insights/commodities-outlook/?utm_source=youtube&utm_medium=qr_code&utm_campaign=mi_outlook_q4_26 Discover Actionable Markets Insights with StoneX Market Intelligence: https://shop.stonex.com/collections/cotton?utm_source=youtube&utm_medium=qr_code&utm_campaign=mi_outlook_q4_26_sxtv_joe_zhu 00:00 - China's Soybean Tariff Gap 00:27 - China Soybean Book Runs Thin 02:21 - U.S.-China Farm Truce Extended 03:33 - Soybeans Left Off China's List 04:10 - Two-Speed China Caps Demand 05:59 - Chinese Corn Prices Find Floor Like and subscribe for more financial market insights. #StoneX #JoeZhu #Soybeans #Corn --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social