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China's soybean imports from Brazil fell 25% year on year in November, while arrivals from the United States rose to 2.79 million tons from 2.29 million a year earlier. Buyers rushed to secure U.S. supplies ahead of expected trade tensions under Trump, and January-November imports reached a record pace.
Shifting origin mix shows Chinese buyers front-loading U.S. beans, which supports near-term U.S. export demand but leaves the overall price impact modest.
brecorder.comReutersDec 20, 2024After 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.
