# Grain dry bulk flows  to China — Breakwave Advisors

> Signal Ocean's weekly monitor shows Brazil continues to ship more soybeans and corn to China than the U.S., but both suppliers slowed sharply in summer 2024. China's grain reserves are swelling and key import demand is falling. Brazil is also facing a drought in parts of the country.

- Date: 2024-09-19 · published 2024-09-19T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/14721-grain-dry-bulk-flows-to-china-breakwave-advisors
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Falling Chinese import demand and swelling reserves weigh on soybean and corn export prices. Brazilian drought risk partly offsets the demand weakness and could tighten supply.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-11-02 | [As China soy demand wavers, U.S. farmers turn back to grains](https://feedsoft.ai/events/62089-as-china-soy-demand-wavers-u-s-farmers-turn-back-to-grains.md) | -0.2% | +3.0% |
| SOY | 2021-07-20 | [The Trans-Pacific Trade War Is Heating Up Again  — Breakwave Advisors](https://feedsoft.ai/events/45925-the-trans-pacific-trade-war-is-heating-up-again-breakwave-advisors.md) | -1.1% | -3.6% |
| SOY | 2025-04-16 | [Dry Weekly Market Monitor: Grain Dry Bulk Flows (Brazil Vs U.S.A) \| World Ports Organization](https://feedsoft.ai/events/16950-dry-weekly-market-monitor-grain-dry-bulk-flows-brazil-vs-u-s-a-world-ports.md) | +0.4% | +3.0% |
| SOY | 2021-07-13 | [Global Soybean Trade Slows on Weaker China Demand \| Feed & Grain](https://feedsoft.ai/events/46110-global-soybean-trade-slows-on-weaker-china-demand-feed-and-grain.md) | -0.3% | +0.1% |
| SOY | 2025-09-03 | [New figures shine a light on changing grain flows to China — and how the US is losing out](https://feedsoft.ai/events/16917-new-figures-shine-a-light-on-changing-grain-flows-to-china-and-how-the-us-is.md) | -1.4% | -2.3% |
| CORN | 2018-11-02 | [As China soy demand wavers, U.S. farmers turn back to grains](https://feedsoft.ai/events/62089-as-china-soy-demand-wavers-u-s-farmers-turn-back-to-grains.md) | +3.2% | -4.0% |
| CORN | 2021-07-20 | [The Trans-Pacific Trade War Is Heating Up Again  — Breakwave Advisors](https://feedsoft.ai/events/45925-the-trans-pacific-trade-war-is-heating-up-again-breakwave-advisors.md) | -1.1% | -0.1% |
| CORN | 2026-10-29 | [China On Track For Another Bumper Harvest… \| Grain Brokers](https://feedsoft.ai/events/114-china-on-track-for-another-bumper-harvest-grain-brokers.md) | -1.5% | — |

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2024/9/19/grain-dry-bulk-flows-to-china

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