
China imported a record 13.55 million metric tons of soybeans in June 2026, with Brazil supplying 12.08 million tons, up 13.7% year over year. U.S. soybean shipments to China fell 42.4% in the first half of 2026 to 9.31 million tons, while Brazilian deliveries rose 9.1%.
Brazil's large harvest and pre-booked Chinese contracts keep South American beans cheaper and more available than US supply, supporting Brazilian soymeal and soybean export pricing and weighing on US soybean demand from China.
After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.