# Large Chinese Imports of South American Soybeans Continues; Another “Humanitarian Corridor” Grain Ship Sails, While Temperature Lowered on Ukraine, Poland Rift | Farm Policy News | Illinois

> Bloomberg reported that Chinese importers booked at least 20 cargoes of Brazilian and Argentine soybeans for delivery in October through December. Low-priced Brazilian supply has left US exporters a smaller window to sell to China, and low Mississippi River water levels are restricting barge loadings.

- Date: 2023-09-22 · published 2023-09-22T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14812-large-chinese-imports-of-south-american-soybeans-continues-another-humanitarian
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Heavy South American bookings shrink US export opportunities while low river levels raise US barge freight costs, weighing on US soybean basis and prices.

## Read by commodity

- SOY: bearish ▼
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-03-11 | [New U.S. Tariffs Ramp-Up Fear of Ag Trade Retaliation; Soybean Growers Especially Worried \| Farm Policy News \| Illinois](https://feedsoft.ai/events/65985-new-u-s-tariffs-ramp-up-fear-of-ag-trade-retaliation-soybean-growers-especially.md) | +2.0% | +1.7% |
| SOY | 2019-05-30 | [China Halts U.S. Soybean Purchases, While USMCA Prospects Unfold Under a new Threat of Tariffs on Mexico - Farm Policy News](https://feedsoft.ai/events/58950-china-halts-u-s-soybean-purchases-while-usmca-prospects-unfold-under-a-new.md) | -0.3% | +2.6% |
| SOY | 2024-10-31 | [Impact of Renewed China-U.S. Tariffs on U.S. Agriculture: Consequences for Corn and Soybean Farmers - Kentucky Corn Growers Association](https://feedsoft.ai/events/27847-impact-of-renewed-china-u-s-tariffs-on-u-s-agriculture-consequences-for-corn.md) | +1.8% | +1.3% |
| SOY | 2024-02-06 | [Trump Considering 60% Tariff on China \| Farm Policy News \| Illinois](https://feedsoft.ai/events/14778-trump-considering-60-tariff-on-china-farm-policy-news-illinois.md) | -0.3% | -4.6% |
| SOY | 2018-01-16 | [USDA Trade Data Update: Focus on Soybeans and Grains - Farm Policy News](https://feedsoft.ai/events/9200-usda-trade-data-update-focus-on-soybeans-and-grains-farm-policy-news.md) | +4.3% | +6.1% |

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2023/09/large-chinese-imports-of-south-american-soybeans-continues-another-humanitarian-corridor-grain-ship-sails-while-temperature-lowered-on-ukraine-poland-rift/

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