# Soybeans face pressure on US planting weather, tepid China demand

> China's April soybean imports fell 10% from a year earlier to 7.26 million tonnes, according to customs data. The volume was well below the 9 million tonnes traders had expected, as stricter customs checks delayed cargoes.

- Date: 2023-05-10 · published 2023-05-10T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14841-soybeans-face-pressure-on-us-planting-weather-tepid-china-demand
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Weaker-than-expected Chinese buying reduces demand for US and Brazilian soybeans, which pressures soybean prices and the meal that feed buyers rely on.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-01-14 | [China 2021 soybean imports slip 3.8% on falling margins, weak demand](https://feedsoft.ai/events/7370-china-2021-soybean-imports-slip-3-8-on-falling-margins-weak-demand.md) | +3.6% | +15.9% |
| SOY | 2023-05-26 | [Are China's Problems Adding to Bearish Pressures in US Corn, Soybeans?](https://feedsoft.ai/events/5568-are-china-s-problems-adding-to-bearish-pressures-in-us-corn-soybeans.md) | +2.2% | +14.9% |
| SOY | 2021-07-13 | [Global Soybean Trade Slows on Weaker China Demand \| Feed & Grain](https://feedsoft.ai/events/46110-global-soybean-trade-slows-on-weaker-china-demand-feed-and-grain.md) | -0.3% | +0.1% |
| SOY | 2025-09-24 | [Soybeans ease to nearly 6-week low on harvest pressure, lack of China demand - Markets - Business Recorder](https://feedsoft.ai/events/22900-soybeans-ease-to-nearly-6-week-low-on-harvest-pressure-lack-of-china-demand.md) | -1.0% | +1.9% |
| SOY | 2025-09-22 | [Lack of China Demand Hammers US Soybean Oil Prices - TT](https://feedsoft.ai/events/22934-lack-of-china-demand-hammers-us-soybean-oil-prices-tt.md) | -1.1% | -0.6% |
| SBM | 2022-01-14 | [China 2021 soybean imports slip 3.8% on falling margins, weak demand](https://feedsoft.ai/events/7370-china-2021-soybean-imports-slip-3-8-on-falling-margins-weak-demand.md) | -4.6% | +6.9% |
| SBM | 2021-07-13 | [Global Soybean Trade Slows on Weaker China Demand \| Feed & Grain](https://feedsoft.ai/events/46110-global-soybean-trade-slows-on-weaker-china-demand-feed-and-grain.md) | +1.2% | +1.2% |
| SBM | 2019-03-14 | [Why U.S. growers are betting the farm on soybeans amid China trade war](https://feedsoft.ai/events/8266-why-u-s-growers-are-betting-the-farm-on-soybeans-amid-china-trade-war.md) | +3.8% | +3.3% |

## Sources

- reuters.com: https://www.reuters.com/article/markets/commodities/soybeans-face-pressure-on-us-planting-weather-tepid-china-demand-idUSL1N37704K/

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