# China to favour Brazilian soybean imports in H1 despite renewed US inflows | Reuters

> State-owned Sinograin and COFCO made all purchases of about 12 million tons of U.S. soybeans following the thaw in ties. Higher U.S. prices kept private traders out. China's 13% tariff on U.S. soybeans compares with a 3% duty on Brazilian supplies.

- Date: 2026-01-26 · published 2026-01-26T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14606-china-to-favour-brazilian-soybean-imports-in-h1-despite-renewed-us-inflows
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

The tariff gap favors Brazilian beans for private crushers, so US demand depends on state buying and may stay limited, weighing on US soybean prices relative to Brazil.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2025-08-07 | [China soybean imports hit record July high on strong Brazil exports, US trade uncertainties \| Reuters](https://feedsoft.ai/events/12452-china-soybean-imports-hit-record-july-high-on-strong-brazil-exports-us-trade.md) | +6.4% | +5.3% |
| SOY | 2025-02-01 | [COMMENTARY: China passes on US soybeans despite Brazilian delays](https://feedsoft.ai/events/14692-commentary-china-passes-on-us-soybeans-despite-brazilian-delays.md) | +0.7% | -4.2% |
| SOY | 2025-10-20 | [China imports no US soybeans in September for first time in seven years \| Reuters](https://feedsoft.ai/events/14630-china-imports-no-us-soybeans-in-september-for-first-time-in-seven-years-reuters.md) | +2.2% | +9.1% |
| SOY | 2018-01-25 | [Soy source: Brazil's share of soybean exports to China hits record](https://feedsoft.ai/events/67014-soy-source-brazil-s-share-of-soybean-exports-to-china-hits-record.md) | +0.4% | +4.0% |
| SBM | 2022-01-20 | [China's 2021 soy imports from U.S. rise while Brazilian shipments fall \| Reuters](https://feedsoft.ai/events/14961-china-s-2021-soy-imports-from-u-s-rise-while-brazilian-shipments-fall-reuters.md) | +0.2% | +11.1% |
| SBM | 2025-08-07 | [China soybean imports hit record July high on strong Brazil exports, US trade uncertainties \| Reuters](https://feedsoft.ai/events/12452-china-soybean-imports-hit-record-july-high-on-strong-brazil-exports-us-trade.md) | +4.3% | +2.2% |
| SBM | 2025-12-08 | [China Set for Record 2025 Soybean Imports on Brazil Buys, U.S. Trade Truce](https://feedsoft.ai/events/21532-china-set-for-record-2025-soybean-imports-on-brazil-buys-u-s-trade-truce.md) | -1.5% | -3.0% |

## Sources

- reuters.com: https://www.reuters.com/world/china/china-favour-brazilian-soybean-imports-h1-despite-renewed-us-inflows-2026-01-26/

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