# New marketing year points to favorable soybean export volumes to China

> Farm Futures analysis notes that USDA expects China's soybean imports to rise 9% in the 2022/23 marketing year to 3.6 billion bushels. Peak US soybean export season is approaching, and China's fall buying interest is a key focus.

- Date: 2022-08-18 · published 2022-08-18T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14908-new-marketing-year-points-to-favorable-soybean-export-volumes-to-china
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A projected rise in Chinese soybean imports supports US soybean export demand and prices heading into harvest. Any shortfall in Chinese buying would weigh on the market.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-01-13 | [China's December soybean imports jump, annual volumes fall for 2nd year - DatamarNews](https://feedsoft.ai/events/14872-china-s-december-soybean-imports-jump-annual-volumes-fall-for-2nd-year.md) | -1.5% | +0.8% |
| SOY | 2017-09-13 | [Soybeans supported by new export sale to China - Brownfield Ag News](https://feedsoft.ai/events/68860-soybeans-supported-by-new-export-sale-to-china-brownfield-ag-news.md) | +2.3% | +2.3% |
| SOY | 2023-05-09 | [SunSirs: Supported by Favorable Factors, the Soybean Meal Market Continued to Rise](https://feedsoft.ai/events/36012-sunsirs-supported-by-favorable-factors-the-soybean-meal-market-continued-to-rise.md) | -4.6% | -7.9% |
| SOY | 2024-03-25 | [US soy volatile on possible China buying \| Latest Market News](https://feedsoft.ai/events/14768-us-soy-volatile-on-possible-china-buying-latest-market-news.md) | -0.6% | -2.6% |
| SOY | 2021-04-21 | [U.S. Soybean Exports to China Swell in March, as Brazil Suspends Corn, Soy Import Duties \| Farm Policy News \| Illinois](https://feedsoft.ai/events/47453-u-s-soybean-exports-to-china-swell-in-march-as-brazil-suspends-corn-soy-import.md) | +5.3% | +6.9% |

## Sources

- farmprogress.com: https://www.farmprogress.com/commentary/new-marketing-year-points-to-favorable-soybean-export-volumes-to-china

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