# China July soybean imports from US tumble, Brazil shipments surge - Markets - Business Recorder

> China's soybean imports from the United States fell 63% in July from a year earlier to 142,150 metric tons. Brazilian shipments rose 32% to 9.23 million tons as Chinese buyers took advantage of a bumper crop and lower prices. US corn imports into China also fell 42.4% year on year in July.

- Date: 2023-08-20 · published 2023-08-20T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/14821-china-july-soybean-imports-from-us-tumble-brazil-shipments-surge-markets
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Shifting Chinese buying toward cheaper Brazilian soybeans and corn weighs on US export demand and prices for those crops.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-03-17 | [Chicago soybeans fall - Markets - Business Recorder](https://feedsoft.ai/events/5794-chicago-soybeans-fall-markets-business-recorder.md) | +1.4% | -1.4% |
| CORN | 2026-04-12 | [Soybeans hit two-week high as soymeal jumps - Markets - Business Recorder](https://feedsoft.ai/events/11663-soybeans-hit-two-week-high-as-soymeal-jumps-markets-business-recorder.md) | +1.7% | +3.2% |
| CORN | 2025-09-28 | [Soy futures slightly up - Markets - Business Recorder](https://feedsoft.ai/events/22898-soy-futures-slightly-up-markets-business-recorder.md) | -1.8% | -1.5% |
| CORN | 2025-12-01 | [Chicago soybeans slip as traders monitor China buying; wheat, corn also down - Markets - Business Recorder](https://feedsoft.ai/events/21547-chicago-soybeans-slip-as-traders-monitor-china-buying-wheat-corn-also-down.md) | +0.3% | +0.3% |
| CORN | 2022-08-01 | [China is intensifying the import of soybean meal from Brazil, rejecting Ukrainian products](https://feedsoft.ai/events/40150-china-is-intensifying-the-import-of-soybean-meal-from-brazil-rejecting.md) | +3.1% | +4.2% |
| SOY | 2021-06-21 | [China's May soybean imports from Brazil surge 82% vs April - Markets - Business Recorder](https://feedsoft.ai/events/46428-china-s-may-soybean-imports-from-brazil-surge-82-vs-april-markets-business.md) | -4.7% | +2.3% |
| SOY | 2022-09-20 | [China’s soybean imports from Brazil plunge in August - Markets - Business Recorder](https://feedsoft.ai/events/14901-china-s-soybean-imports-from-brazil-plunge-in-august-markets-business-recorder.md) | -3.4% | -5.2% |
| SOY | 2026-08-08 | [China July soybean imports drop on sow herd size concerns - Markets - Business Recorder](https://feedsoft.ai/events/17905-china-july-soybean-imports-drop-on-sow-herd-size-concerns-markets-business.md) | +1.5% | +11.9% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40258836
- brecorder.com: https://www.brecorder.com/news/40259182

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