# China May soybean imports fall 11.6% on year

> China's customs data showed soybean imports of 10.22 million tons in May, down 11.6% from a year earlier and below expectations. Imports for January to May totaled 37.37 million tons, 5.4% lower than the prior year, with Brazil supplying most beans.

- Date: 2024-06-12 · published 2024-06-12T12:00:00.000Z
- Category: report · region China · magnitude medium
- Page: https://feedsoft.ai/events/14742-china-may-soybean-imports-fall-11-6-on-year
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower Chinese arrivals reduce near-term crush demand for soybeans and soymeal, though firm hog prices and crush margins offer support.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-07-12 | [China cuts soybean import forecast in face of trade war](https://feedsoft.ai/events/63895-china-cuts-soybean-import-forecast-in-face-of-trade-war.md) | +1.5% | +7.7% |
| SOY | 2025-04-14 | [China's March imports of soybeans, iron ore drop; crude oil rises](https://feedsoft.ai/events/14670-china-s-march-imports-of-soybeans-iron-ore-drop-crude-oil-rises.md) | -1.3% | +2.2% |
| SOY | 2024-11-13 | [China’s soybean production, imports steady \| World Grain](https://feedsoft.ai/events/27390-china-s-soybean-production-imports-steady-world-grain.md) | -0.5% | -0.8% |
| SOY | 2018-11-08 | [USDA slashes China soybean import forecast 9.5%](https://feedsoft.ai/events/62042-usda-slashes-china-soybean-import-forecast-9-5.md) | +0.3% | +5.6% |
| SOY | 2023-01-09 | [Report: China's soybean imports will decline by 2030 \| Feed & Grain](https://feedsoft.ai/events/37769-report-china-s-soybean-imports-will-decline-by-2030-feed-and-grain.md) | +2.4% | +1.3% |
| SBM | 2018-07-12 | [China cuts soybean import forecast in face of trade war](https://feedsoft.ai/events/63895-china-cuts-soybean-import-forecast-in-face-of-trade-war.md) | -1.4% | +1.2% |
| SBM | 2024-11-13 | [China’s soybean production, imports steady \| World Grain](https://feedsoft.ai/events/27390-china-s-soybean-production-imports-steady-world-grain.md) | -1.8% | -2.7% |
| SBM | 2018-11-08 | [USDA slashes China soybean import forecast 9.5%](https://feedsoft.ai/events/62042-usda-slashes-china-soybean-import-forecast-9-5.md) | -0.7% | +0.4% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/china-may-soybean-imports-fall-11-6-on-year/

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