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China's March 2025 soybean imports fell 36.8% year on year to 3.5 million metric tons. Most orders went to Brazil amid trade war concerns and an expected Brazilian bumper crop.
Lower Chinese imports signal weaker demand for global soybeans, while Brazilian supply dominance keeps pressure on U.S. soybean prices.
After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% 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.