# China’s Soy Crush Slips | Feed & Grain

> JCI reported China's weekly soybean crush fell 6% to about 2.1 million tonnes, while port meal stocks rose to 920,000 tonnes. July soymeal exports were 83,000 tonnes, well below the level needed to meet USDA's 1.25 million tonne export forecast.

- Date: 2021-08-26 · published 2021-08-26T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/45646-china-s-soy-crush-slips-feed-and-grain
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Rising Chinese port meal stocks and weak export pace signal softer near-term Chinese meal demand, which is bearish for soymeal and soybean import needs.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2020-11-30 | [China September Soybean Imports Ease \| Feed & Grain](https://feedsoft.ai/events/50150-china-september-soybean-imports-ease-feed-and-grain.md) | -2.4% | +4.2% |
| SBM | 2021-07-13 | [Global Soybean Trade Slows on Weaker China Demand \| Feed & Grain](https://feedsoft.ai/events/46110-global-soybean-trade-slows-on-weaker-china-demand-feed-and-grain.md) | +1.2% | +1.2% |
| SBM | 2018-08-20 | [China’s soybean crush margin weakens - McKeany-Flavell](https://feedsoft.ai/events/63602-china-s-soybean-crush-margin-weakens-mckeany-flavell.md) | -5.3% | -8.2% |
| SBM | 2017-06-05 | [China cancels soy orders as losses mount in crushing](https://feedsoft.ai/events/70565-china-cancels-soy-orders-as-losses-mount-in-crushing.md) | +1.3% | +0.8% |
| SBM | 2025-07-11 | [China’s feed production rises, soybean meal consumption falls](https://feedsoft.ai/events/23726-china-s-feed-production-rises-soybean-meal-consumption-falls.md) | -0.0% | +2.2% |
| SOY | 2020-11-30 | [China September Soybean Imports Ease \| Feed & Grain](https://feedsoft.ai/events/50150-china-september-soybean-imports-ease-feed-and-grain.md) | -2.4% | +5.3% |
| SOY | 2020-12-01 | [China Targets U.S. Farm Imports With Tariffs \| Feed & Grain](https://feedsoft.ai/events/49501-china-targets-u-s-farm-imports-with-tariffs-feed-and-grain.md) | -0.9% | +10.9% |
| SOY | 2021-07-13 | [Global Soybean Trade Slows on Weaker China Demand \| Feed & Grain](https://feedsoft.ai/events/46110-global-soybean-trade-slows-on-weaker-china-demand-feed-and-grain.md) | -0.3% | +0.1% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/events/event-calendar/blog/15386495/chinas-soy-crush-slips

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