Brazil is pushing the US out of world’s biggest soybean market

After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.

• Aug 1, 2026Tariffs, in the way of larger China purchases of US soybeans: market sources-1.3%
• Nov 3, 2017Brazil cuts into U.S. soybean market share in China - AgCanada-1.4%
• Jun 20, 2018China trade war could permanently scar U.S. soybean market: Braun-2.4%
• Oct 28, 2026China wants US soybeans. Its buyers prefer Brazil | ThinkChina-1.6%
• Aug 8, 2019US-China trade war: Soybean farmers are working new markets+1.4%

After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.

• Aug 1, 2022China is intensifying the import of soybean meal from Brazil, rejecting Ukrainian products+0.9%
• Aug 8, 2019US-China trade war: Soybean farmers are working new markets0.0%
• Apr 14, 2023China's soybean demand slump baffles market | The Western Producer-1.7%
• Jan 31, 2020Beijing is in control of global soybean market - Manitoba Co-operator-1.1%
• Jun 9, 2025Decline of China's Soybean Meal Market Amid Rising Imports-1.2%

After 26 past neutral trade events, Brazilian Real (BRL per USD) moved a median -0.1% over 5 sessions (46% higher; middle half -1.4% to +1.4%), and +1.3% over 20.

• Oct 12, 2018AgriMarketing.com - Brazil's Supply Of Soybeans Is Running Low-1.4%
• Apr 16, 2025Dry Weekly Market Monitor: Grain Dry Bulk Flows (Brazil Vs U.S.A) | World Ports Organization-2.4%
• Aug 20, 2019Chinese prefer Brazilian soybeans - DatamarNews+2.9%
• Jan 16, 2018For US Soybean Growers, Trade War Is Here-0.4%
• Sep 26, 2018Graphic: Crop chop - China shuns U.S. soybeans amid trade war, turns to Brazil-4.8%