# China steps up sampling of soy cargoes, adding to costly delays, traders say

> China has stepped up sampling of soybean cargoes, which has delayed clearance and raised costs for buyers. China takes most of its soybeans from Brazil and the United States.

- Date: 2023-05-12 · published 2023-05-12T12:00:00.000Z
- Category: logistics · region China · magnitude low
- Page: https://feedsoft.ai/events/14845-china-steps-up-sampling-of-soy-cargoes-adding-to-costly-delays-traders-say
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Slower clearance and higher costs for importers reduce the pace of Chinese soybean buying, which weighs on Brazilian and US soybean export prices.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-10-18 | [Shipping Woes to Squeeze China's Soybean Stocks](https://feedsoft.ai/events/14893-shipping-woes-to-squeeze-china-s-soybean-stocks.md) | -1.0% | +4.1% |
| SOY | 2021-09-30 | [China's farmers face more pain as power crunch drives up feed costs \| Financial Post](https://feedsoft.ai/events/45065-china-s-farmers-face-more-pain-as-power-crunch-drives-up-feed-costs-financial.md) | -3.3% | -3.5% |
| SOY | 2019-03-01 | [Busiest U.S. Grains Port Swamped by Flooding as Exporters Await China Deal](https://feedsoft.ai/events/59984-busiest-u-s-grains-port-swamped-by-flooding-as-exporters-await-china-deal.md) | -0.8% | -0.9% |
| SOY | 2024-01-08 | [Understanding corn and soybean transportation costs in Q3 2023 \| Feed & Grain](https://feedsoft.ai/events/16571-understanding-corn-and-soybean-transportation-costs-in-q3-2023-feed-and-grain.md) | -3.5% | -4.3% |
| SOY | 2020-12-30 | [Argentine soy crushers sign deal with oilseed workers, ending strike](https://feedsoft.ai/events/49491-argentine-soy-crushers-sign-deal-with-oilseed-workers-ending-strike.md) | +5.4% | +4.5% |

## Sources

- reuters.com: https://www.reuters.com/article/business/china-steps-up-sampling-of-soy-cargoes-adding-to-costly-delays-traders-say-idUSL4N3770ZH/

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