
China imported 1.11 million tons of US soybeans in July 2026, up 164% year on year, while Brazilian shipments fell 5.9%. Year-to-date US imports remain down 38% at 10.29 million tons, and total Chinese soybean imports rose 0.9%.
The July rebound in US arrivals is a sign of recovering export demand, but year-to-date shortfalls and continued Brazilian dominance limit the price impact. Chinese customs data confirm trade flow shifts.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.