# USDA attaché forecasts China’s soybean imports 5 mln tons below official estimate

> The USDA attaché in Beijing forecasts China’s soybean imports at 110 million tonnes in 2026/27, compared with the official USDA estimate of 115 million tonnes and 114 million tonnes the previous season. The attaché also projects lower Chinese soybean production, crushing, and total consumption than the official USDA forecasts, with higher ending stocks.

- Date: 2026-11-06 · published 2026-11-07T00:18:03.361Z
- Category: report · region China · magnitude medium
- Page: https://feedsoft.ai/events/85117-usda-attache-forecasts-china-s-soybean-imports-5-mln-tons-below-official
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The lower import and crush estimates imply weaker Chinese demand for soybeans, a bearish signal for global prices and export demand from major suppliers.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-11-08 | [USDA slashes China soybean import forecast 9.5%](https://feedsoft.ai/events/62042-usda-slashes-china-soybean-import-forecast-9-5.md) | +0.3% | +5.6% |
| SOY | 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) | +0.4% | -5.3% |
| SOY | 2018-07-12 | [China cuts soybean import forecast in face of trade war](https://feedsoft.ai/events/63895-china-cuts-soybean-import-forecast-in-face-of-trade-war.md) | +1.5% | +7.7% |
| SOY | 2025-05-12 | [China forecasts lower soybean imports in 2025/26 on plans to reduce soymeal use — TradingView News](https://feedsoft.ai/events/24650-china-forecasts-lower-soybean-imports-in-2025-26-on-plans-to-reduce-soymeal-use.md) | +0.6% | +1.1% |
| SOY | 2021-08-12 | [Casde: China cuts 20/2021 soybean imports, demand estimates - Fastmarkets](https://feedsoft.ai/events/45563-casde-china-cuts-20-2021-soybean-imports-demand-estimates-fastmarkets.md) | -3.4% | -10.4% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/usda-attache-forecasts-chinas-soybean-imports-5-mln-tons-below-official-estimate/

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