COFCO says China can replace U.S. soy imports with alternatives: state media

After 803 past bearish trade events, SOY moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.

• Aug 21, 2019Feed alternatives reducing soybean demand in China - Benison Media-1.1%
• Aug 22, 2018China's COFCO Meat imports pork from Chile, Europe as U.S. trade war bites-6.2%
• Nov 20, 2020China Targets U.S. Farm Imports With Tariffs on Soy, Corn - Pork Business+1.2%
• Aug 1, 2018Why China’s pork producers can survive without US soybean imports | South China Morning Post-1.6%
• Aug 1, 2025China’s soybean meal stockpiles rise, US soybean imports in doubt+1.0%

After 224 past neutral trade events, SBM moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.

• Jan 20, 2022China's 2021 soy imports from U.S. rise while Brazilian shipments fall | Reuters+0.2%
• Sep 20, 2018As U.S.-China trade row grows, India urges China to drop meal import ban: sources+0.4%
• Dec 8, 2025China Set for Record 2025 Soybean Imports on Brazil Buys, U.S. Trade Truce-1.5%
• Jan 17, 2023China’s December soybean imports jump-8.4%
• Jan 25, 2019China's 2018 soybean imports from U.S. hit lowest since 2008-0.7%