CFR China soybeans basis back in positive; downside risks remain on stricter custom inspection

After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.

• Apr 19, 2024China keeps positive relations with soybean exporters - Chinadaily.com.cn+2.5%
• Sep 29, 2026US soybeans rise on bargain buying, China tariff decision limits gains - Markets - Business Recorder-0.6%
• Jun 14, 2023China: Russian soybeans – in, American soybeans - out - International Affairs+8.3%
• Jul 18, 2023China diversifies imports from Brazil, but soybeans remain top priority - DatamarNews+2.6%
• Jul 19, 2019Exclusive: Brazil soybeans lose protein, China sales at risk+0.1%

After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.

• Jun 2, 2023China’s stricter customs checks for soyabeans leads to costly delays,…+0.7%
• Jul 19, 2019Exclusive: Brazil soybeans lose protein, China sales at risk-1.0%
• Oct 31, 2019In Depth: Why China Is Still Hooked on U.S. Soybeans - Caixin Global-1.1%
• Oct 3, 2019Soybean Futures Bounce Back After China Restarts Purchases+1.7%
• Feb 2, 2019Exclusive: China buys U.S. soybeans a day after trade talks - traders-1.8%