# China: Russian soybeans – in, American soybeans - out - International Affairs

> A 271.6-tonne shipment of Russian soybeans arrived at Manzhouli Port in Inner Mongolia, the first through the New Land Grain Corridor. Officials expect roughly 8 million tonnes of Russian grain, including soybeans, to arrive there annually as China diversifies away from US supply.

- Date: 2023-06-14 · published 2023-06-14T12:00:00.000Z
- Category: trade · region Russia · magnitude low
- Page: https://feedsoft.ai/events/14839-china-russian-soybeans-in-american-soybeans-out-international-affairs
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Diversification toward Russian supply modestly reduces China's reliance on US and Brazilian soybeans. The current volumes are too small to move global prices much.

## Read by commodity

- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-12-02 | [China buys Brazilian and North American soybeans after falling prices - DatamarNews](https://feedsoft.ai/events/43636-china-buys-brazilian-and-north-american-soybeans-after-falling-prices.md) | +2.7% | +8.1% |
| SOY | 2026-10-07 | [Tight supplies support soybeans in wake of China’s snub](https://feedsoft.ai/events/17151-tight-supplies-support-soybeans-in-wake-of-china-s-snub.md) | -1.5% | -5.2% |
| SOY | 2026-08-12 | [Private traders sit out, testing China pledge on soybeans - TT](https://feedsoft.ai/events/14555-private-traders-sit-out-testing-china-pledge-on-soybeans-tt.md) | +4.6% | +12.9% |
| SOY | 2017-08-25 | [Argentina: Soybean Industry Finds a Friend in China](https://feedsoft.ai/events/69283-argentina-soybean-industry-finds-a-friend-in-china.md) | -0.5% | +4.6% |
| SOY | 2020-01-09 | [China and MFP Tranche 3 \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/55062-china-and-mfp-tranche-3-farm-bureau-intel-markets-american-farm-bureau.md) | -1.0% | -6.1% |

## Sources

- en.interaffairs.ru: https://en.interaffairs.ru/article/china-russian-soybeans-in-american-soybeans-out/

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