# China Faces Soybean Oil Glut as It Buys Soybeans from Brazil and U.S.

> China's commercial soybean oil stocks climbed to nearly 1.5 million metric tons by October 30, up 4.3% from a year earlier and at their highest for the time of year since at least 2024. Soybean crushing rates stayed high while edible oil consumption weakened, and Brazil shipped over 65 million tons of soybeans to China from January to September 2026.

- Date: 2026-11-11 · published 2026-11-12T00:06:58.334Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/94318-china-faces-soybean-oil-glut-as-it-buys-soybeans-from-brazil-and-u-s
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Excess soybean oil supply in China weighs on crush margins and soybean meal demand, which can pressure soybean and meal prices even as China keeps buying soybeans. Bearish for soybean oil and soybean meal pricing.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: neutral

## Sources

- datamarnews.com: https://datamarnews.com/noticias/china-faces-soybean-oil-glut-as-it-buys-soybeans-from-brazil-and-u-s/

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