# China pivot from US farm imports bolsters it against trade war risks | Reuters

> China's soybean imports from the US fell to 18% this year from 40% in 2016, while Brazil's share rose to 76% from 46%. Brazil also overtook the US as China's top corn supplier in 2023.

- Date: 2024-11-01 · published 2024-11-01T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/14704-china-pivot-from-us-farm-imports-bolsters-it-against-trade-war-risks-reuters
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Brazil's structural gain in China's import market reduces US export demand and cushions China against trade-war disruption, which keeps US soybean prices under pressure.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-11-13 | [How China reduced its reliance on US farm imports and sharpened its trade war toolkit](https://feedsoft.ai/events/14702-how-china-reduced-its-reliance-on-us-farm-imports-and-sharpened-its-trade-war.md) | -0.5% | -0.8% |
| SOY | 2025-08-29 | [China boosts soybean buys from Argentina, Uruguay amid US trade war, sources say \| Reuters](https://feedsoft.ai/events/14639-china-boosts-soybean-buys-from-argentina-uruguay-amid-us-trade-war-sources-say.md) | -2.1% | -1.4% |
| SOY | 2018-08-22 | [China's COFCO Meat imports pork from Chile, Europe as U.S. trade war bites](https://feedsoft.ai/events/63547-china-s-cofco-meat-imports-pork-from-chile-europe-as-u-s-trade-war-bites.md) | -6.2% | -5.1% |
| SOY | 2018-11-14 | [Amid Trade Spat With US, China To Boost Grain Import From Belt And Road Nations](https://feedsoft.ai/events/61934-amid-trade-spat-with-us-china-to-boost-grain-import-from-belt-and-road-nations.md) | +1.6% | +4.6% |
| SOY | 2024-10-17 | [New US-China Trade War Could Cost Farmers Billions \| Farm Policy News \| Illinois](https://feedsoft.ai/events/27846-new-us-china-trade-war-could-cost-farmers-billions-farm-policy-news-illinois.md) | +1.8% | +2.5% |
| CORN | 2024-11-13 | [How China reduced its reliance on US farm imports and sharpened its trade war toolkit](https://feedsoft.ai/events/14702-how-china-reduced-its-reliance-on-us-farm-imports-and-sharpened-its-trade-war.md) | -0.5% | +1.0% |
| CORN | 2024-10-17 | [New US-China Trade War Could Cost Farmers Billions \| Farm Policy News \| Illinois](https://feedsoft.ai/events/27846-new-us-china-trade-war-could-cost-farmers-billions-farm-policy-news-illinois.md) | +2.1% | +2.9% |
| CORN | 2019-05-08 | [Trade war: US-China trade battle in charts](https://feedsoft.ai/events/10431-trade-war-us-china-trade-battle-in-charts.md) | +0.3% | +10.5% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/china-pivot-us-farm-imports-bolsters-it-against-trade-war-risks-2024-11-01/

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