# Can US, China improve soybean trade, or will Beijing hit US farmers over Trump’s tariffs? | South China Morning Post

> China's soybean imports hit a record 105 million tonnes in 2024, according to customs data released in January. Most of that supply came from Brazil rather than the US. Analysts are debating whether China will rely more on South America or agree to a new trade deal with the US.

- Date: 2025-01-13 · published 2025-01-13T12:00:00.000Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/14694-can-us-china-improve-soybean-trade-or-will-beijing-hit-us-farmers-over-trump-s
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A record import total reflects strong Chinese demand, but its concentration in Brazil keeps US export prospects uncertain. The outcome of trade talks will determine whether US soybean prices gain or lose from Chinese buying.

## Read by commodity

- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-09-09 | [China continues US soybean push amid South American purchases \| World Grain](https://feedsoft.ai/events/14550-china-continues-us-soybean-push-amid-south-american-purchases-world-grain.md) | +1.2% | +0.0% |
| SOY | 2019-07-02 | [China’s increased soybean imports from Brazil and Canada do not fully offset lost U.S. imports](https://feedsoft.ai/events/57947-china-s-increased-soybean-imports-from-brazil-and-canada-do-not-fully-offset.md) | -0.3% | -0.8% |
| SOY | 2019-07-01 | [ERS Report: “Interdependence of China, United States, and Brazil in Soybean Trade”](https://feedsoft.ai/events/58484-ers-report-interdependence-of-china-united-states-and-brazil-in-soybean-trade.md) | -2.7% | -1.6% |
| SOY | 2023-12-09 | [Basting: USDA's WASDE 'Surprised the Trade' with Increase in Brazilian Soybean Production for 2022-23 \| Hoosier Ag Today](https://feedsoft.ai/events/32627-basting-usda-s-wasde-surprised-the-trade-with-increase-in-brazilian-soybean.md) | +0.9% | -4.8% |
| SOY | 2019-10-30 | [China, EU are importing soybeans from unregistered Brazil farms: report](https://feedsoft.ai/events/56584-china-eu-are-importing-soybeans-from-unregistered-brazil-farms-report.md) | +0.4% | -3.7% |

## Sources

- scmp.com: https://www.scmp.com/economy/global-economy/article/3294545/can-us-china-improve-soybean-trade-or-will-beijing-hit-us-farmers-over-trumps-tariffs

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