China’s May soybean imports from Brazil surge 82% vs April
China bought 244,431 tonnes of soybeans from the United States in May, down 50% from 491,700 tonnes a year ago. Shipments were down 89% from 2.15
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Sep 27, 2020 “China, the world’s top buyer of soybeans, brought in 8.15 million tonnes of the oilseed from Brazil in August, up from 6.68 million tonnes last year, data from the General Administration of customs showed. “Crushers ramped up buying from the South American country to meet strong demand for feed from the recovering pig raising industry.”
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Apr 19, 2021 But buyers of the oilseed have turned to the United States more than usual in 2021, as rains in Brazil slowed the harvest there and delayed exports. Chinese crushers bring in soybeans to crush into soymeal to feed livestock and for cooking oil.
China's soybean imports from U.S. surge in March
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Aug 19, 2021 China also imported 42,277 tonnes of soybeans from the United States in July, up from 38,331 tonnes in the same month a year earlier, according to customs data. Crush margins in Rizhao, Shandong province, a major soybean processing hub in northern China, hit their lowest levels on record in late June, before climbing back up.