# China 2017/18 soybean imports soar | Agrifish  | POST Online Media

> The USDA projects global soybean consumption to grow 4% in 2017/18, led by China's protein feed demand. China's soybean imports are forecast to hit a record 93 million tonnes, and imports from October to April reached 49.6 million tonnes, 4.2 million more than a year earlier.

- Date: 2017-06-19 · published 2017-06-19T12:00:00.000Z
- Category: report · region China · magnitude medium
- Page: https://feedsoft.ai/events/70483-china-2017-18-soybean-imports-soar-agrifish-post-online-media
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Record Chinese soybean imports tighten global supply for crushers and feed buyers, supporting soybean and soymeal prices. Strong protein feed demand underpins meal values.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-02-01 | [China’s rice, soybean imports top the world in 2017 - People's Daily Online](https://feedsoft.ai/events/66383-china-s-rice-soybean-imports-top-the-world-in-2017-people-s-daily-online.md) | -1.3% | +6.2% |
| SOY | 2017-08-02 | [China Ag Imports Outpace Exports in H1 2017](https://feedsoft.ai/events/69332-china-ag-imports-outpace-exports-in-h1-2017.md) | +0.4% | -3.0% |
| SOY | 2017-08-01 | [Demand for oilseeds drives China’s soybean imports \| World-grain.com \| August 01, 2017 14:22 \| World Grain](https://feedsoft.ai/events/69328-demand-for-oilseeds-drives-china-s-soybean-imports-world-grain-com-august-01.md) | -3.5% | -6.0% |
| SOY | 2018-06-29 | [China’s soybean imports continue to rise \| World-grain.com \| June 29, 2018 13:49 \| World Grain](https://feedsoft.ai/events/64513-china-s-soybean-imports-continue-to-rise-world-grain-com-june-29-2018-13-49.md) | +1.5% | +1.1% |
| SOY | 2021-07-13 | [China's June soybean imports surge on pig herd recovery \| S&P Global](https://feedsoft.ai/events/45926-china-s-june-soybean-imports-surge-on-pig-herd-recovery-s-and-p-global.md) | -0.3% | +0.1% |
| SBM | 2018-02-01 | [China’s rice, soybean imports top the world in 2017 - People's Daily Online](https://feedsoft.ai/events/66383-china-s-rice-soybean-imports-top-the-world-in-2017-people-s-daily-online.md) | -0.7% | +16.6% |
| SBM | 2017-08-01 | [Demand for oilseeds drives China’s soybean imports \| World-grain.com \| August 01, 2017 14:22 \| World Grain](https://feedsoft.ai/events/69328-demand-for-oilseeds-drives-china-s-soybean-imports-world-grain-com-august-01.md) | -3.3% | -7.3% |
| SBM | 2021-07-13 | [China's June soybean imports surge on pig herd recovery \| S&P Global](https://feedsoft.ai/events/45926-china-s-june-soybean-imports-surge-on-pig-herd-recovery-s-and-p-global.md) | +1.2% | +1.2% |

## Sources

- poandpo.com: https://www.poandpo.com/agrifish/china-201718-soybean-imports-soar-1962017128/

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