# Brazil-premium for soybeans could see Chinese buyers increasing shipments from the US - FreightWaves

> Chinese traders are paying more for Brazilian soybeans than domestic crushers pay, and US beans are becoming competitive despite China's 25% duty on US soybeans. Freight rates from the US Gulf to China have started rising toward expectations of $50 per tonne in October.

- Date: 2018-09-27 · published 2018-09-27T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/63102-brazil-premium-for-soybeans-could-see-chinese-buyers-increasing-shipments-from
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Record Chinese purchases of Brazilian beans reduce demand for US soybeans, pressuring Chicago prices, while higher ocean freight raises landed costs. Any resumed US shipments to China would partly offset that pressure.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-08-20 | [China July soybean imports from US tumble, Brazil shipments surge - Markets - Business Recorder](https://feedsoft.ai/events/14821-china-july-soybean-imports-from-us-tumble-brazil-shipments-surge-markets.md) | +1.3% | -3.4% |
| SOY | 2025-08-26 | [$8 Soybeans? That's the Reality for Some Farmers as China Remains Absent From Buying - AgWeb](https://feedsoft.ai/events/23364-8-soybeans-that-s-the-reality-for-some-farmers-as-china-remains-absent-from.md) | +0.0% | -1.3% |
| SOY | 2023-09-22 | [China cuts soybean purchases from the US in August](https://feedsoft.ai/events/14811-china-cuts-soybean-purchases-from-the-us-in-august.md) | +0.5% | +1.7% |
| SOY | 2019-05-11 | [How an escalating trade war could play out for ocean shipping - FreightWaves](https://feedsoft.ai/events/59286-how-an-escalating-trade-war-could-play-out-for-ocean-shipping-freightwaves.md) | +3.1% | +7.7% |
| SBM | 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) | -3.8% | — |
| SBM | 2019-11-04 | [China Shifts Soybean Purchases from Brazil Back to US \| Food Logistics](https://feedsoft.ai/events/55911-china-shifts-soybean-purchases-from-brazil-back-to-us-food-logistics.md) | +0.3% | -4.1% |
| SBM | 2026-07-31 | [Chinese buyers acquire US soybeans for October-November, traders say \| South China Morning Post](https://feedsoft.ai/events/14561-chinese-buyers-acquire-us-soybeans-for-october-november-traders-say-south-china.md) | -0.6% | +5.6% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/2018-9-27-brazil-premium-for-soybeans-could-see-chinese-buyers-increasing-shipments-from-the-us

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