# Exclusive: China buys Argentine soybeans after tax drop, leaving US farmers sidelined | Reuters

> Chinese buyers booked at least 10 cargoes of Argentine soybeans after Argentina's temporary tax cut. The purchases were for fourth-quarter inventories, a period usually dominated by US supplies.

- Date: 2025-09-23 · published 2025-09-23T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/13832-exclusive-china-buys-argentine-soybeans-after-tax-drop-leaving-us-farmers
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Diverting Chinese demand to Argentine beans shifts export share away from US soybeans and pressures US futures. The tax-driven competitiveness of Argentine supply is the cause.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-05-04 | [Angst in farm belt after reports that China halted buying US soybeans](https://feedsoft.ai/events/65058-angst-in-farm-belt-after-reports-that-china-halted-buying-us-soybeans.md) | -2.9% | -2.1% |
| SOY | 2025-08-29 | [China boosts soybean buys from Argentina, Uruguay amid US trade war, sources say \| Reuters](https://feedsoft.ai/events/14639-china-boosts-soybean-buys-from-argentina-uruguay-amid-us-trade-war-sources-say.md) | -2.1% | -1.4% |
| SOY | 2025-10-03 | [US soybean farmers, deserted by big buyer China, scramble for other importers \| Reuters](https://feedsoft.ai/events/22449-us-soybean-farmers-deserted-by-big-buyer-china-scramble-for-other-importers.md) | -0.1% | +6.6% |
| SOY | 2026-05-15 | [Soybeans Fall as China Summit Leaves US Farmers Seeking Details - Bloomberg](https://feedsoft.ai/events/9298-soybeans-fall-as-china-summit-leaves-us-farmers-seeking-details-bloomberg.md) | +1.7% | -5.2% |
| SOY | 2026-04-07 | [Chinese pigs fed new menu as Beijing weans farmers off US soy \| Reuters](https://feedsoft.ai/events/14583-chinese-pigs-fed-new-menu-as-beijing-weans-farmers-off-us-soy-reuters.md) | -0.4% | +3.5% |

## Sources

- reuters.com: https://www.reuters.com/world/china/chinese-buyers-book-least-10-argentine-soybean-cargoes-sources-say-2025-09-23/

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