# China retaliation on US farm goods hits soybeans, bolstering Brazil

> China's retaliatory levies on US farm goods, imposed in March, have accelerated a shift away from US soybean imports toward Brazil. Brazil's bumper harvest is on track for a record second-quarter import surge into China.

- Date: 2025-04-04 · published 2025-04-04T12:00:00.000Z
- Category: trade · region China · magnitude high
- Page: https://feedsoft.ai/events/6029-china-retaliation-on-us-farm-goods-hits-soybeans-bolstering-brazil
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Chinese retaliation redirects soybean demand from US to Brazilian supply, which weighs on US soybean export prices and firms Brazilian soybean premiums. Sustained Chinese buying of Brazilian beans tightens the export balance for Brazil while leaving US sellers with a larger surplus.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-08-13 | [US losing out on China soybean sales as Brazil fills key supply period \| Reuters](https://feedsoft.ai/events/12449-us-losing-out-on-china-soybean-sales-as-brazil-fills-key-supply-period-reuters.md) | +0.1% | -0.6% |
| SOY | 2018-05-04 | [Angst in farm belt after reports that China halted buying US soybeans](https://feedsoft.ai/events/65058-angst-in-farm-belt-after-reports-that-china-halted-buying-us-soybeans.md) | -2.9% | -2.1% |
| SOY | 2018-06-16 | [China hits U.S. agriculture with retaliation](https://feedsoft.ai/events/64580-china-hits-u-s-agriculture-with-retaliation.md) | -1.2% | -8.4% |
| SOY | 2026-10-28 | [China wants US soybeans. Its buyers prefer Brazil \| ThinkChina](https://feedsoft.ai/events/14541-china-wants-us-soybeans-its-buyers-prefer-brazil-thinkchina.md) | -1.6% | — |
| SOY | 2026-02-01 | [China Turns to Cheaper Brazil Soybeans After Meeting US Pledge](https://feedsoft.ai/events/21081-china-turns-to-cheaper-brazil-soybeans-after-meeting-us-pledge.md) | +4.8% | +8.1% |
| SBM | 2025-08-13 | [US losing out on China soybean sales as Brazil fills key supply period \| Reuters](https://feedsoft.ai/events/12449-us-losing-out-on-china-soybean-sales-as-brazil-fills-key-supply-period-reuters.md) | +3.1% | +4.2% |
| SBM | 2018-01-25 | [Soy source: Brazil's share of soybean exports to China hits record](https://feedsoft.ai/events/67014-soy-source-brazil-s-share-of-soybean-exports-to-china-hits-record.md) | -1.2% | +10.2% |
| SBM | 2019-03-14 | [Why U.S. growers are betting the farm on soybeans amid China trade war](https://feedsoft.ai/events/8266-why-u-s-growers-are-betting-the-farm-on-soybeans-amid-china-trade-war.md) | +3.8% | +3.3% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/china-retaliation-us-farm-goods-hits-soybeans-bolstering-brazil-2025-04-04/

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