# China Seen Jolting Soybean Market by Shunning U.S. Supplies - AgriBusiness Global

> Bunge's CEO said China has essentially stopped buying US soybeans, sourcing instead from Canada and mostly Brazil, after China announced planned tariffs on US soybean shipments last month. Traders had hoped relations would ease in the interim.

- Date: 2018-05-02 · published 2018-05-02T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/65056-china-seen-jolting-soybean-market-by-shunning-u-s-supplies-agribusiness-global
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Loss of China as a buyer of US beans shifts export flows to South America and pressures US soybean prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-05-28 | [A changing global soybean market](https://feedsoft.ai/events/59137-a-changing-global-soybean-market.md) | +5.9% | +9.6% |
| SOY | 2024-04-29 | [U.S. Share in China's Soybean Market to Dwindle as Argentina Boosts Supply](https://feedsoft.ai/events/14757-u-s-share-in-china-s-soybean-market-to-dwindle-as-argentina-boosts-supply.md) | +3.6% | +7.6% |
| SOY | 2018-04-10 | [In Trade War, U.S. Soy May Be Safe - Rabobank - AgriBusiness Global](https://feedsoft.ai/events/65548-in-trade-war-u-s-soy-may-be-safe-rabobank-agribusiness-global.md) | -0.5% | -4.3% |
| SOY | 2017-11-03 | [Brazil cuts into U.S. soybean market share in China - AgCanada](https://feedsoft.ai/events/68018-brazil-cuts-into-u-s-soybean-market-share-in-china-agcanada.md) | -1.4% | +0.5% |
| SOY | 2025-06-09 | [Decline of China's Soybean Meal Market Amid Rising Imports](https://feedsoft.ai/events/24312-decline-of-china-s-soybean-meal-market-amid-rising-imports.md) | +1.2% | -3.1% |
| SBM | 2019-05-28 | [A changing global soybean market](https://feedsoft.ai/events/59137-a-changing-global-soybean-market.md) | +6.7% | +5.7% |
| SBM | 2025-06-09 | [Decline of China's Soybean Meal Market Amid Rising Imports](https://feedsoft.ai/events/24312-decline-of-china-s-soybean-meal-market-amid-rising-imports.md) | -1.2% | -9.3% |
| SBM | 2021-06-21 | [China's May soybean imports from Brazil surge 82% vs April - Markets - Business Recorder](https://feedsoft.ai/events/46428-china-s-may-soybean-imports-from-brazil-surge-82-vs-april-markets-business.md) | -5.5% | -2.2% |

## Sources

- agribusinessglobal.com: https://www.agribusinessglobal.com/markets/asia/china-seen-jolting-soybean-market-by-shunning-u-s-supplies/

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