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Offers to sell Brazilian soybeans to China have dried up because of tighter phytosanitary checks and higher freight rates, according to traders. Shipment offers were quoted at a premium over the May contract.
Fewer Brazilian cargoes to China tighten near-term export supply and push Chinese buyers toward US soybeans, supporting CBOT prices and ocean freight rates.
reuters.comElla Cao, Naveen ThukralMar 13, 2026After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
Not enough comparable past events yet for a historical read.
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.
