# China's March soybean imports from U.S. fall from previous year

> China imported 3.37 million tonnes of U.S. soybeans in March, down from 7.18 million a year earlier, according to customs data. The drop reflects shifting sourcing away from the U.S. in that month.

- Date: 2022-04-20 · published 2022-04-20T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/14939-china-s-march-soybean-imports-from-u-s-fall-from-previous-year
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower Chinese purchases of U.S. beans reduce export demand and weigh on soybean and soybean meal prices, though the broader buying pattern is still under review.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-01-25 | [China's 2018 soybean imports from U.S. hit lowest since 2008](https://feedsoft.ai/events/60959-china-s-2018-soybean-imports-from-u-s-hit-lowest-since-2008.md) | -0.1% | -0.6% |
| SOY | 2018-04-04 | [CPO to gain from China’s soybean import tariff \| The Star](https://feedsoft.ai/events/65604-cpo-to-gain-from-china-s-soybean-import-tariff-the-star.md) | +1.2% | +0.4% |
| SOY | 2022-09-20 | [China’s soybean imports from Brazil plunge in August - Markets - Business Recorder](https://feedsoft.ai/events/14901-china-s-soybean-imports-from-brazil-plunge-in-august-markets-business-recorder.md) | -3.4% | -5.2% |
| SOY | 2019-06-24 | [China's farm imports from US dive from Jan to May - Global Times](https://feedsoft.ai/events/58480-china-s-farm-imports-from-us-dive-from-jan-to-may-global-times.md) | -0.3% | -1.6% |
| SOY | 2022-10-06 | [Soybean imports forecast at two-year low crimp China's ailing hog feed makers](https://feedsoft.ai/events/39130-soybean-imports-forecast-at-two-year-low-crimp-china-s-ailing-hog-feed-makers.md) | +1.9% | +5.1% |
| SBM | 2022-09-20 | [China’s soybean imports from Brazil plunge in August - Markets - Business Recorder](https://feedsoft.ai/events/14901-china-s-soybean-imports-from-brazil-plunge-in-august-markets-business-recorder.md) | -1.6% | -4.7% |
| SBM | 2021-09-07 | [China's August soybean imports fall on flat demand - Markets - Business Recorder](https://feedsoft.ai/events/45066-china-s-august-soybean-imports-fall-on-flat-demand-markets-business-recorder.md) | +1.7% | -3.9% |
| 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% |

## Sources

- reuters.com: https://www.reuters.com/world/china/chinas-march-soybean-imports-us-fall-previous-year-2022-04-20/

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