China Left US Soybeans OFF Its Tariff List... Then Called Brazil

China left U.S. soybeans off its new tariff-cut list while Brazil keeps paying just 3%. 13% vs 3%: that is the tax gap between American and Brazilian soybeans in China. China's new tariff-cut list covers corn, wheat, beef, dairy, soybean oil and soybean meal. Whole soybeans are not on it, and U.S. beans still face 13% while Brazilian beans pay 3%. This video shows who is actually buying American soybeans (state companies, not private crushers), what a Chinese crusher says it already booked from Brazil, and the one price that explains the whole thing. We also look at the Brazilian side of the trade and what to watch next: USDA export sales, the WASDE report on October 9, and January 10. Chapters 00:00 China left soybeans off the list 00:56 Scoreboard and how we got here 01:53 What the list really changes 02:33 Soybeans fall to the lowest since August 02:52 China is still buying, but who? 04:18 Who pays first 05:11 The crusher who already booked Brazil 06:21 How we do it down there (Brazil) 07:41 The calendar: truce, summit, second pledge 08:20 A crusher in Rizhao 08:55 To be fair 09:31 The price I promised 10:00 Who pays, and what to watch 10:42 Next video Sources South China Morning Post, report on China's tariff exemption list and U.S. soybeans, September 2026 Reuters (via Investing.com), report on China's tariff cuts and soybean demand, September 28, 2026 Bloomberg (via Farm Progress), report on China's soybean purchases and the 25 million ton pledge, September 2026 AgWeb / Farm Journal, soybean market reaction to the China list, September 28, 2026 Reuters (via Business Recorder), report on Chinese crushers booking Brazilian and Argentine beans, September 2026 S&P Global Commodity Insights, report on U.S. soybean export commitments and state buyers, September 2026 White House, fact sheet on the U.S.-China tariff lists, September 27, 2026 Thompson Hine, analysis of the U.S.-China tariff lists, September 2026 Global Times / ANEC, Brazilian soybean exports to China, 2026 USDA Foreign Agricultural Service, Brazil oilseeds reporting, 2026 Mysteel and LSEG data as reported by Reuters and Bloomberg, late September 2026 Field & Market: US farm markets, explained from the other side of the trade. This video is for information and entertainment, not financial advice. #SoybeanPrices #China #FieldAndMarket