# Chinese prefer Brazilian soybeans - DatamarNews

> Chinese buyers still prefer Brazilian soybeans over Argentine beans despite the Argentine peso falling about 21% against the dollar. Brazilian beans offer 37% protein versus 35% for Argentine, and crushers would need a discount of at least 40 cents a bushel to switch. Russian soybean imports to China are expanding after customs approved shipments from all Russian regions.

- Date: 2019-08-20 · published 2019-08-20T12:00:00.000Z
- Category: trade · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/57650-chinese-prefer-brazilian-soybeans-datamarnews
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Brazil is gaining share of Chinese soybean demand as US supply is shut out, supporting Brazilian export prices and shifting trade flows away from US beans. Argentine peso weakness is a modest offset that has not yet pulled Chinese buyers over.

## Read by commodity

- SOY: neutral
- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-12-02 | [China buys Brazilian and North American soybeans after falling prices - DatamarNews](https://feedsoft.ai/events/43636-china-buys-brazilian-and-north-american-soybeans-after-falling-prices.md) | +2.7% | +8.1% |
| SOY | 2023-07-18 | [China diversifies imports from Brazil, but soybeans remain top priority - DatamarNews](https://feedsoft.ai/events/14829-china-diversifies-imports-from-brazil-but-soybeans-remain-top-priority.md) | +2.6% | -6.3% |
| SOY | 2019-04-24 | [Argentina seeks soybean sales in China - DatamarNews](https://feedsoft.ai/events/59437-argentina-seeks-soybean-sales-in-china-datamarnews.md) | -2.4% | -4.6% |
| SOY | 2025-11-03 | [Chinese buyers purchase Brazilian soybeans as prices ease over US-China trade thaw \| Reuters](https://feedsoft.ai/events/12245-chinese-buyers-purchase-brazilian-soybeans-as-prices-ease-over-us-china-trade.md) | +0.2% | +2.6% |
| SOY | 2026-06-26 | [Chinese State Buyers Take US Soybeans; Private Traders Turn to Brazil \| CZ app](https://feedsoft.ai/events/14574-chinese-state-buyers-take-us-soybeans-private-traders-turn-to-brazil-cz-app.md) | +0.4% | +10.7% |
| USDBRL | 2026-07-17 | [Record rice exports help lift producer prices in Brazil - DatamarNews](https://feedsoft.ai/events/9569-record-rice-exports-help-lift-producer-prices-in-brazil-datamarnews.md) | -0.2% | +1.9% |
| USDBRL | 2019-12-17 | [Brazilian soymeal headed for China
						 \| The Poultry Site](https://feedsoft.ai/events/55645-brazilian-soymeal-headed-for-china-the-poultry-site.md) | -0.1% | +2.7% |
| USDBRL | 2023-03-21 | [China soybean prices plunge amid weaker local demand, higher Brazil farmer sales](https://feedsoft.ai/events/36942-china-soybean-prices-plunge-amid-weaker-local-demand-higher-brazil-farmer-sales.md) | -0.3% | -5.8% |

## Sources

- datamarnews.com: https://datamarnews.com/noticias/chinese-prefer-brazilian-soybeans/

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