China's June US soybean imports fall 21%, Brazil shipments rise 14%
SOYB•China’s U.S. soybean imports fall in June
China's soybean imports from the United States fell 20.6% year-on-year in June, reflecting the lingering impact of trade tensions that had prompted Chinese buyers to delay purchases of last year's U.S. harvest until after an October leaders' summit.
Following the summit, Beijing bought around 12 million tons of U.S. beans.
China also began purchasing new-crop U.S. soybeans after a May 14–15 summit this year between Presidents Donald Trump and Xi Jinping, which left unchanged China's commitment to buy 25 million metric tons of soybeans annually through 2028.
Brazil shipments and total imports hit record June levels
China imported 1.27 million tons of soybeans from the United States in June, down from 1.6 million tons a year earlier, data from the General Administration of Customs showed on Monday.
- Imports from Brazil rose 13.7% year-on-year to 12.08 million tons from 10.62 million tons in June last year.
- Total soybean arrivals rose to their highest ever for the month of June, reaching 13.55 million tons, driven by strong Brazilian supplies and the clearance of delayed cargoes at ports.
- In the January-June period, soybean imports from the United States fell 42.4% from a year earlier to 9.31 million tons, while shipments from Brazil rose 9.1% to 34.75 million tons.
