# ERS Report: “Interdependence of China, United States, and Brazil in Soybean Trade”

> A USDA Economic Research Service report examines China, US and Brazil interdependence in soybean trade, including price dynamics and market adjustments to China's retaliatory tariff. It notes the US and Brazil supplied 83% of world soybean exports in 2016/17, with China taking 61% of US exports.

- Date: 2019-07-01 · published 2019-07-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/58484-ers-report-interdependence-of-china-united-states-and-brazil-in-soybean-trade
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The report underlines how concentrated the soybean trade is on China, so tariff changes move US and Brazilian soybean prices. It is background analysis rather than new market-moving data.

## Read by commodity

- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-10-30 | [China, EU are importing soybeans from unregistered Brazil farms: report](https://feedsoft.ai/events/56584-china-eu-are-importing-soybeans-from-unregistered-brazil-farms-report.md) | +0.4% | -3.7% |
| SOY | 2019-07-02 | [China’s increased soybean imports from Brazil and Canada do not fully offset lost U.S. imports](https://feedsoft.ai/events/57947-china-s-increased-soybean-imports-from-brazil-and-canada-do-not-fully-offset.md) | -0.3% | -0.8% |
| SOY | 2018-01-12 | [CASDE: China to import 96m mt of soybean in 2017/18 at $472-503/mt](https://feedsoft.ai/events/66855-casde-china-to-import-96m-mt-of-soybean-in-2017-18-at-472-503-mt.md) | +3.9% | +4.5% |
| SOY | 2022-05-12 | [Corn, Soybean Production Numbers as Expected in May USDA Report](https://feedsoft.ai/events/41348-corn-soybean-production-numbers-as-expected-in-may-usda-report.md) | +0.8% | +7.2% |
| SOY | 2026-01-16 | [US and Brazilian soybean transportation costs rise amid shifting farm values and freight rates \| Feed & Grain](https://feedsoft.ai/events/21257-us-and-brazilian-soybean-transportation-costs-rise-amid-shifting-farm-values.md) | +1.4% | +7.6% |

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2019/06/ers-report-interdependence-of-china-united-states-and-brazil-in-soybean-trade/

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