
China imported a record 111.83 million metric tons of soybeans in 2025, up 6.5% from a year earlier, driven by South American purchases. December arrivals rose 1.3% year on year to 8.04 million tons.
Customs clearance delays slowed some flows and prompted some crushers to curb operations.
Record Chinese demand supports global soybean prices, but reliance on Brazil and Argentina tilts the market away from US beans.
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.