# China boosts Brazil soy imports as Argentina hoards crops | Buenos Aires Times

> China bought 1.5 to 2 million metric tons of Brazilian soybeans in a week after halting U.S. purchases amid escalating trade tensions. Argentine farmers are withholding beans as a hedge against peso weakness, and Brazilian soybean inventories are projected to fall to a 20-year low of 2.6 million tons by season end.

- Date: 2019-08-16 · published 2019-08-16T12:00:00.000Z
- Category: trade · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/57429-china-boosts-brazil-soy-imports-as-argentina-hoards-crops-buenos-aires-times
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Heavy Chinese demand drawing down Brazilian stocks raises Brazilian export premiums and tightens global soybean supply, supporting soybean and meal prices while Argentine hoarding restricts available supply.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-09-25 | [In Argentina’s soy stand-off, US rivals emerge as winners \| Buenos Aires Times](https://feedsoft.ai/events/50969-in-argentina-s-soy-stand-off-us-rivals-emerge-as-winners-buenos-aires-times.md) | +2.3% | +7.4% |
| SOY | 2025-06-27 | [Crop traders rush to secure Argentine cargoes as Milei perk ends \| Buenos Aires Times](https://feedsoft.ai/events/13855-crop-traders-rush-to-secure-argentine-cargoes-as-milei-perk-ends-buenos-aires.md) | +3.3% | -2.3% |
| SOY | 2019-08-07 | [U.S.-China trade war boosts Brazil local soy prices, spurs deals](https://feedsoft.ai/events/11473-u-s-china-trade-war-boosts-brazil-local-soy-prices-spurs-deals.md) | +2.9% | +1.7% |
| SOY | 2021-09-01 | [Brazil soy farmers hoard crops, betting prices will rise](https://feedsoft.ai/events/45117-brazil-soy-farmers-hoard-crops-betting-prices-will-rise.md) | -2.2% | -1.2% |
| SOY | 2020-05-23 | [Soy farmers bet against peso just as government needs cash \| Buenos Aires Times](https://feedsoft.ai/events/52971-soy-farmers-bet-against-peso-just-as-government-needs-cash-buenos-aires-times.md) | +0.9% | +5.2% |
| SBM | 2020-09-25 | [In Argentina’s soy stand-off, US rivals emerge as winners \| Buenos Aires Times](https://feedsoft.ai/events/50969-in-argentina-s-soy-stand-off-us-rivals-emerge-as-winners-buenos-aires-times.md) | +3.4% | +14.6% |
| SBM | 2025-06-27 | [Crop traders rush to secure Argentine cargoes as Milei perk ends \| Buenos Aires Times](https://feedsoft.ai/events/13855-crop-traders-rush-to-secure-argentine-cargoes-as-milei-perk-ends-buenos-aires.md) | +0.6% | -0.7% |
| SBM | 2020-02-21 | [Default rocks the Argentine brokers who sell soy to the world \| Buenos Aires Times](https://feedsoft.ai/events/12195-default-rocks-the-argentine-brokers-who-sell-soy-to-the-world-buenos-aires-times.md) | +1.4% | +7.5% |

## Sources

- batimes.com.ar: https://batimes.com.ar/news/argentina/china-boosts-brazil-soy-imports-as-argentina-hoards-crops.phtml

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