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China stopped buying US soybeans and corn from mid-January 2025, according to USDA data cited by Nikkei Asia. Beijing is shifting grain trade toward Brazil as part of its food security policy.
In 2024 China imported over 27 million tonnes of US soybeans worth $12.8 billion.
A halt in purchases from the largest market for US soybeans removes a major source of export demand, which is bearish for both soybean and corn prices.
china-environment-news.netMay 28, 2025After 803 past bearish trade events, SOY moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
After 683 past bearish trade events, CORN moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% 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.
