# China to buy more Brazilian soybeans for Q4 as U.S. crop suffers - traders | Reuters

> Three trade sources say China is likely to buy more Brazilian soybeans than usual for September to December. New-crop US soybean prices are rising on expectations of lower US supply.

- Date: 2023-07-17 · published 2023-07-17T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14826-china-to-buy-more-brazilian-soybeans-for-q4-as-u-s-crop-suffers-traders-reuters
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Stronger Chinese demand for Brazilian beans tightens export competition for US supplies and supports soybean and meal prices.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-10-10 | [China buys more U.S. soybeans, record volume of pork ahead of trade talks \| Reuters](https://feedsoft.ai/events/56423-china-buys-more-u-s-soybeans-record-volume-of-pork-ahead-of-trade-talks-reuters.md) | +0.5% | -0.9% |
| SOY | 2025-12-08 | [China Set for Record 2025 Soybean Imports on Brazil Buys, U.S. Trade Truce](https://feedsoft.ai/events/21532-china-set-for-record-2025-soybean-imports-on-brazil-buys-u-s-trade-truce.md) | -2.6% | -5.7% |
| SOY | 2026-03-13 | [Tighter checks disrupt Brazilian soybean exports to China \| Reuters](https://feedsoft.ai/events/5795-tighter-checks-disrupt-brazilian-soybean-exports-to-china-reuters.md) | -3.7% | -3.1% |
| SOY | 2019-08-08 | [Chinese soybean buyers shy away from Brazilian cargoes as prices jump: traders](https://feedsoft.ai/events/57610-chinese-soybean-buyers-shy-away-from-brazilian-cargoes-as-prices-jump-traders.md) | +1.4% | +0.1% |
| SOY | 2026-01-06 | [China buys more US soybeans, total purchases approach 10 million tons \| Reuters](https://feedsoft.ai/events/14610-china-buys-more-us-soybeans-total-purchases-approach-10-million-tons-reuters.md) | -1.4% | +1.8% |

## Sources

- reuters.com: https://www.reuters.com/article/china-soybeans-imports/china-to-buy-more-brazilian-soybeans-for-q4-as-u-s-crop-suffers-traders-idUKL4N38Z27W/

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