# Brazil’s intrusion on US soy exports to China somewhat mimics trade-war era

> US soybean exports to China in the recent four-month period totaled 17.5 million metric tons, only 2.8 million more than Brazil. The article compares Brazil's growing share of China's soybean market with the trade-war era.

- Date: 2024-03-22 · published 2024-03-22T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14764-brazil-s-intrusion-on-us-soy-exports-to-china-somewhat-mimics-trade-war-era
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Brazil's larger share of Chinese soybean demand reduces US export volumes and weakens the US soybean price premium. Persistent share loss supports a bearish outlook for US soybeans and related meal.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-11-06 | [Panamax rates slide as trade war bites into US soybean exports to China](https://feedsoft.ai/events/56287-panamax-rates-slide-as-trade-war-bites-into-us-soybean-exports-to-china.md) | -1.7% | -4.7% |
| SOY | 2019-03-13 | [Brazil and Canada win big from US-China trade war with record soy exports \| Supply Chain Dive](https://feedsoft.ai/events/8267-brazil-and-canada-win-big-from-us-china-trade-war-with-record-soy-exports.md) | +2.2% | +1.6% |
| SOY | 2025-08-07 | [China soybean imports hit record July high on strong Brazil exports, US trade uncertainties \| Reuters](https://feedsoft.ai/events/12452-china-soybean-imports-hit-record-july-high-on-strong-brazil-exports-us-trade.md) | +6.4% | +5.3% |
| SOY | 2018-01-25 | [Soy source: Brazil's share of soybean exports to China hits record](https://feedsoft.ai/events/67014-soy-source-brazil-s-share-of-soybean-exports-to-china-hits-record.md) | +0.4% | +4.0% |
| SOY | 2019-05-29 | [Local ports see 'dramatic hit' to soybean exports during US-China trade war](https://feedsoft.ai/events/59104-local-ports-see-dramatic-hit-to-soybean-exports-during-us-china-trade-war.md) | +3.0% | +5.5% |
| SBM | 2018-01-25 | [Soy source: Brazil's share of soybean exports to China hits record](https://feedsoft.ai/events/67014-soy-source-brazil-s-share-of-soybean-exports-to-china-hits-record.md) | -1.2% | +10.2% |
| SBM | 2019-05-29 | [Local ports see 'dramatic hit' to soybean exports during US-China trade war](https://feedsoft.ai/events/59104-local-ports-see-dramatic-hit-to-soybean-exports-during-us-china-trade-war.md) | +2.6% | +0.9% |
| SBM | 2018-09-26 | [Graphic: Crop chop - China shuns U.S. soybeans amid trade war, turns to Brazil](https://feedsoft.ai/events/63061-graphic-crop-chop-china-shuns-u-s-soybeans-amid-trade-war-turns-to-brazil.md) | +1.6% | +1.5% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/brazils-intrusion-us-soy-exports-china-somewhat-mimics-trade-war-era-2024-03-22/

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