◂ Event Timeline

Jun 23, 2020TRADEChina

Column: Does China still need U.S. soybeans after Brazil's export bonanza? - Braun

A Reuters column questions whether China still needs US soybeans after Brazil's record export run. The USDA expects China's 2020-21 soybean imports to rise 2% to a record 96 million tonnes.

WHY IT MATTERS

Strong Brazilian exports and a more modest Chinese import outlook weigh on demand for US soybeans relative to earlier expectations.

AFFECTSSoybeans▼

SOURCE
reuters.comJun 23, 2020

Price reaction & history

Soybeans▼bearishSO FAR1d -0.1%5d -1.1%20d +2.3%

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.

Nov 12, 2025China's soybean glut could defeat US export hopes after trade thaw | Reuters+3.6%
Aug 7, 2025China soybean imports hit record July high on strong Brazil exports, US trade uncertainties | Reuters+6.4%
Jul 29, 2025China's soymeal glut raises demand doubts ahead of US soybean export season | Reuters-2.0%
Mar 3, 2020Brazil's soybeans sales to China and soy-meal exports to the EU remain very strong — MercoPress-3.0%
Feb 1, 2026China Turns to Cheaper Brazil Soybeans After Meeting US Pledge+4.8%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Soybeans SOY · GP ▸

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