China wants US soybeans. Its buyers prefer Brazil

After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.

• Sep 27, 2018Brazil-premium for soybeans could see Chinese buyers increasing shipments from the US - FreightWaves+1.4%
• Feb 1, 2026China Turns to Cheaper Brazil Soybeans After Meeting US Pledge+4.8%
• Oct 24, 2018China wants to stop buying American soybeans entirely-2.8%
• Jun 1, 2018COFCO buys U.S. soybeans but new Trump threats make China buyers nervous-4.3%
• Jan 25, 2018Protein plight: Brazil steals U.S. soybean share in China+0.4%

After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.

• Sep 27, 2018Brazil-premium for soybeans could see Chinese buyers increasing shipments from the US - FreightWaves-0.1%
• Jun 23, 2026U.S. fights with Brazil for China's giant soybean market+1.1%
• Nov 4, 2019China Shifts Soybean Purchases from Brazil Back to US | Food Logistics+0.3%
• Dec 8, 2025China Set for Record 2025 Soybean Imports on Brazil Buys, U.S. Trade Truce-1.5%
• Nov 3, 2017Brazil cuts into U.S. soybean market share in China - AgCanada-1.8%