
China imported 11.88 million tonnes of soybeans in September 2026, of which Brazil supplied 10.7 million tonnes, or about 90%; US shipments were 360,878 tonnes. The article attributes Brazil’s advantage to abundant supplies and a lower Chinese import duty than the one applied to US soybeans.
China’s purchases concentrated in Brazil leave less demand for US-origin soybeans, while abundant South American supply adds pressure to global prices.
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.
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.