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A breakdown of global soybean trade shows Brazil's soy exports to China rose 51% while total Brazilian shipments rose 61%. About 72% of Brazil's soy exports went to China over the last three years, and about 53% of US soy exports went to China.
China's dependence on Brazilian and US soybeans makes its purchasing decisions a key driver of soybean and soymeal pricing.
After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% 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.