# Japan expected to import more soybeans | 2020-04-09  | World Grain

> USDA's Foreign Agricultural Service expects Japan's soybean imports to rise to 3.386 million tonnes in 2019-20 and 3.405 million tonnes in 2020-21, up from 3.314 million in 2018-19. The increase reflects a favorable crush margin, advance contracting by crushers, and suppressed soybean prices.

- Date: 2020-04-09 · published 2020-04-09T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/53750-japan-expected-to-import-more-soybeans-2020-04-09-world-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Higher Japanese import demand supports soybean and soybean meal trade, mainly from the US, though the increase is modest. Suppressed prices are encouraging forward buying, which is mildly supportive for soybeans.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-03-23 | [China expected to import more soybeans in 2026-27 \| World Grain](https://feedsoft.ai/events/20146-china-expected-to-import-more-soybeans-in-2026-27-world-grain.md) | -0.2% | +0.4% |
| SOY | 2020-09-09 | [Feed demand increases China’s soybean imports \| 2020-09-09  \| World Grain](https://feedsoft.ai/events/51186-feed-demand-increases-china-s-soybean-imports-2020-09-09-world-grain.md) | +1.9% | +7.3% |
| SOY | 2022-03-21 | [China to import record soybean volume in 2022-23 \| World Grain](https://feedsoft.ai/events/42291-china-to-import-record-soybean-volume-in-2022-23-world-grain.md) | +2.5% | +2.8% |
| SOY | 2018-06-29 | [China’s soybean imports continue to rise \| World-grain.com \| June 29, 2018 13:49 \| World Grain](https://feedsoft.ai/events/64513-china-s-soybean-imports-continue-to-rise-world-grain-com-june-29-2018-13-49.md) | +1.5% | +1.1% |
| SOY | 2025-03-24 | [China’s soybean demand, crush projected to grow \| World Grain](https://feedsoft.ai/events/25571-china-s-soybean-demand-crush-projected-to-grow-world-grain.md) | +1.3% | +2.0% |
| SBM | 2026-03-23 | [China expected to import more soybeans in 2026-27 \| World Grain](https://feedsoft.ai/events/20146-china-expected-to-import-more-soybeans-in-2026-27-world-grain.md) | -2.2% | -0.4% |
| SBM | 2020-09-09 | [Feed demand increases China’s soybean imports \| 2020-09-09  \| World Grain](https://feedsoft.ai/events/51186-feed-demand-increases-china-s-soybean-imports-2020-09-09-world-grain.md) | +2.3% | +15.3% |
| SBM | 2022-03-21 | [China to import record soybean volume in 2022-23 \| World Grain](https://feedsoft.ai/events/42291-china-to-import-record-soybean-volume-in-2022-23-world-grain.md) | +1.4% | -3.3% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/13533-japan-expected-to-import-more-soybeans

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