# POLITICO Pro | Article | China's soybean import 'boom' engenders price drop — study

> A University of Illinois study by Scott Irwin and Darrel Good found that Chinese soybean import growth has increased global soyoil supply, keeping U.S. soyoil prices from rising despite the biodiesel boom. The authors note this keeps pressure on EPA and Congress over biodiesel mandates.

- Date: 2017-09-18 · published 2017-09-18T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/69028-politico-pro-article-china-s-soybean-import-boom-engenders-price-drop-study
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Abundant global soyoil supply caps prices even as US biodiesel demand grows, so soyoil margins stay thin for crushers and feed meal output stays strong.

## Read by commodity

- SBM: neutral
- SBO: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2024-01-15 | [Bumper soybean crop expected in Argentina \| World Grain](https://feedsoft.ai/events/13942-bumper-soybean-crop-expected-in-argentina-world-grain.md) | -0.2% | -4.1% |
| SBO | 2026-09-30 | [BAGE forecasts Argentina’s soybean crop at 53.6 mln tons](https://feedsoft.ai/events/13774-bage-forecasts-argentina-s-soybean-crop-at-53-6-mln-tons.md) | +3.1% | +4.1% |
| SBO | 2019-06-15 | [Good sales prospects from China for Argentina's 56 million tons of soybeans — MercoPress](https://feedsoft.ai/events/58441-good-sales-prospects-from-china-for-argentina-s-56-million-tons-of-soybeans.md) | +3.0% | +2.4% |
| SBO | 2023-02-10 | [US soybean and oil prices decline w-o-w following WASDE report](https://feedsoft.ai/events/37421-us-soybean-and-oil-prices-decline-w-o-w-following-wasde-report.md) | +3.0% | -0.4% |
| SBO | 2022-01-19 | [Lower US Soybean Meal Export Projection](https://feedsoft.ai/events/43208-lower-us-soybean-meal-export-projection.md) | +1.8% | +5.3% |
| SBM | 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) | -0.1% | -2.7% |
| SBM | 2026-01-14 | [China’s 2025 Soybean Imports Hit Record, Fueled by S. American Purchases](https://feedsoft.ai/events/14609-china-s-2025-soybean-imports-hit-record-fueled-by-s-american-purchases.md) | +0.7% | +4.3% |
| SBM | 2026-08-21 | [China more than doubles US soybean imports in July](https://feedsoft.ai/events/14556-china-more-than-doubles-us-soybean-imports-in-july.md) | +5.0% | +16.1% |

## Sources

- subscriber.politicopro.com: https://subscriber.politicopro.com/article/eenews/1060060953

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