# It's a Good Summer for Trade But China Ag Imports Fell In July - Trade Data Monitor

> China's agricultural imports fell 4.9% year on year in July to $17.8 billion, with meat purchases down 32.1%. Grain and soybean import volumes rose slightly but values fell about ten percent, while overall Chinese imports rose 7.2%.

- Date: 2024-08-12 · published 2024-08-12T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/14728-it-s-a-good-summer-for-trade-but-china-ag-imports-fell-in-july-trade-data
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Weaker Chinese ag import demand, especially for meat and soybeans by value, reduces support for feed-related commodity prices.

## Read by commodity

- SOY: bearish ▼
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-11-30 | [U.S. Ag Sales to China to Fall by 45% in Trade War](https://feedsoft.ai/events/61933-u-s-ag-sales-to-china-to-fall-by-45-in-trade-war.md) | +3.3% | -0.5% |
| SOY | 2018-10-18 | [Trade off: China soybean imports set for biggest drop in 12 years amid tariff conflict](https://feedsoft.ai/events/62396-trade-off-china-soybean-imports-set-for-biggest-drop-in-12-years-amid-tariff.md) | -4.0% | -1.7% |
| SOY | 2025-06-09 | [China May trade data: exports rise after tariff ceasefire](https://feedsoft.ai/events/14652-china-may-trade-data-exports-rise-after-tariff-ceasefire.md) | +1.2% | -3.1% |
| 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 | 2022-08-08 | [China's July Soybean Imports Slide Amid Poor Crush Margins, Weaker Demand \| Checkout](https://feedsoft.ai/events/14910-china-s-july-soybean-imports-slide-amid-poor-crush-margins-weaker-demand.md) | +3.4% | -6.5% |
| HOGS | 2021-07-16 | [Gro Expects Drop in China Pork Imports and Lower Corn Feed Use](https://feedsoft.ai/events/46076-gro-expects-drop-in-china-pork-imports-and-lower-corn-feed-use.md) | -3.0% | -1.6% |
| HOGS | 2018-07-17 | [Trade war puts the hoof into U.S. pig part exports to China](https://feedsoft.ai/events/5216-trade-war-puts-the-hoof-into-u-s-pig-part-exports-to-china.md) | -10.7% | -26.8% |
| HOGS | 2017-04-10 | [Ag has plenty at stake in potential U.S. - China trade tensions](https://feedsoft.ai/events/71366-ag-has-plenty-at-stake-in-potential-u-s-china-trade-tensions.md) | -2.3% | +4.4% |

## Sources

- tradedatamonitor.com: https://tradedatamonitor.com/datanews/its-a-free-free-trade-summer-but-china-ag-imports-fell-in-july/

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