# China's Soy Imports Slump in October, as "U.S. Pork Exports to Mexico Show Promise" - Farm Policy News

> China's October soybean imports from the U.S. fell 77% year on year to 775,331 tonnes, while Brazilian imports fell 22%. Total October soybean imports were 5.11 million tonnes, down 41% and the lowest since March 2020. USDA data showed U.S. pork exports in September fell 6.3% from a year earlier.

- Date: 2021-11-22 · published 2021-11-22T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14979-china-s-soy-imports-slump-in-october-as-u-s-pork-exports-to-mexico-show-promise
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A sharp drop in Chinese purchases of U.S. beans weakens export demand and pressures soybean prices. Lower pork exports also reduce hog-sector demand for feed.

## Read by commodity

- SOY: bearish ▼
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-03-04 | [China slaps extra tariffs of up to 15% on imports of major US farm exports \| AP News](https://feedsoft.ai/events/14677-china-slaps-extra-tariffs-of-up-to-15-on-imports-of-major-us-farm-exports-ap.md) | +0.2% | +1.7% |
| SOY | 2022-11-07 | [China’s October soybean imports slide to lowest in eight years](https://feedsoft.ai/events/38680-china-s-october-soybean-imports-slide-to-lowest-in-eight-years.md) | +0.3% | -0.9% |
| SOY | 2019-05-30 | [China Halts U.S. Soybean Purchases, While USMCA Prospects Unfold Under a new Threat of Tariffs on Mexico - Farm Policy News](https://feedsoft.ai/events/58950-china-halts-u-s-soybean-purchases-while-usmca-prospects-unfold-under-a-new.md) | -0.3% | +2.6% |
| SOY | 2019-08-23 | [China to impose extra tariffs on U.S. soy, beef and pork](https://feedsoft.ai/events/57438-china-to-impose-extra-tariffs-on-u-s-soy-beef-and-pork.md) | +0.0% | +3.1% |
| SOY | 2021-12-23 | [China to fall short on promises to U.S. as trade deal ends](https://feedsoft.ai/events/14969-china-to-fall-short-on-promises-to-u-s-as-trade-deal-ends.md) | -0.1% | +6.4% |
| HOGS | 2019-08-23 | [China to impose extra tariffs on U.S. soy, beef and pork](https://feedsoft.ai/events/57438-china-to-impose-extra-tariffs-on-u-s-soy-beef-and-pork.md) | -1.5% | -11.2% |
| HOGS | 2021-07-16 | [Gro Expects Drop in China Pork Imports and Lower Corn Feed Use](https://feedsoft.ai/events/46076-gro-expects-drop-in-china-pork-imports-and-lower-corn-feed-use.md) | -3.0% | -1.6% |
| HOGS | 2018-07-09 | [As Tariffs Bite, China Cancels U.S. Soy Deals and Hunt Is on for New Export Markets](https://feedsoft.ai/events/63898-as-tariffs-bite-china-cancels-u-s-soy-deals-and-hunt-is-on-for-new-export.md) | -1.8% | -22.3% |

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2021/11/chinas-soy-imports-slump-in-october-as-u-s-pork-exports-to-mexico-show-promise/

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