Import of soybeans to China from Brazil has increased by 217% in a year, while purchases from the USA have decreased by 73%. Tensions due to the trade situation are rising.

Cereals

Groats

Stern

Wheat

Import of soybeans to China from Brazil has increased by 217% in a year, while purchases from the USA have decreased by 73%. Tensions due to the trade situation are rising.

In August, China imported 12.14 million tonnes of soybeans, with 84.3% coming from Brazil, and only 202 thousand tonnes from the USA.

From January to August, China bought 53.8 million tonnes of soybeans from Brazil (an increase of 217%) and 12.8 million tonnes from the USA (a decrease of 73%).

25 September 2024

According to GACC, the General Administration of Customs of China, in August, the country imported 12.14 million tonnes of soybeans. Out of this amount, 10.24 million tonnes, which is 84.3%, were supplied from Brazil. The data was published by Reuters.

At the same time, purchases of American soybeans in August were limited to only 202 thousand tonnes. Market participants believe that the low demand for American soybeans may be related to concerns about the worsening trade situation between China and the United States, especially if Donald Trump wins the presidential elections again in November.

From January to August 2024, China imported 53.8 million tonnes of Brazilian soybeans, which is 217% more than in the same period of 2023. Meanwhile, imports from the United States decreased by 73% year-on-year to 12.8 million tonnes.

Using a special form, you can send us news, which will then be included in the news section of the site and in the digest.

Articles sent 214

Submit your article

Source: Forkagro.com

All information on the site is for personal use only

Import of soybeans to China from Brazil has increased by 217% in a year, while purchases from the USA have decreased by 73%. Tensions due to the trade situation are rising.

In August, China imported 12.14 million tonnes of soybeans, with 84.3% coming from Brazil, and only 202 thousand tonnes from the USA.

From January to August, China bought 53.8 million tonnes of soybeans from Brazil (an increase of 217%) and 12.8 million tonnes from the USA (a decrease of 73%).

Tariffs for grain transportation are stable, pending new navigation closures and changes in duties.

Scientists have developed a spray coating that increases crop productivity and saves energy in greenhouses.

Chita poultry farm has increased egg production threefold thanks to the financial support from the regional government.

Research: How birch trees adapt to changing climatic conditions to effectively carry out photosynthesis.

Bulgaria is facing a catastrophic corn harvest due to the hot summer: exports and production may decrease.

Producers of rice in Kazakhstan are sounding the alarm due to delayed sales of the harvest following a significant drop in prices.

Farmers in the USA are switching to cheaper generic pesticides, weakening the position of agrochemical companies.

Forecast: The grain harvest in Russia in 2025 may increase by 7% to 139.5 million tons, causing disagreements among experts.

Import of soybeans to China from Brazil has increased by 217% in a year, while purchases from the USA have decreased by 73%. Tensions due to the trade situation are rising.

In August, China imported 12.14 million tonnes of soybeans, with 84.3% coming from Brazil, and only 202 thousand tonnes from the USA. From January to August, China bought 53.8 million tonnes of soybeans from Brazil (an increase of 217%) and 12.8 million tonnes from the USA (a decrease of 73%).

Tariffs for grain transportation are stable, pending new navigation closures and changes in duties.

Scientists have developed a spray coating that increases crop productivity and saves energy in greenhouses.

Chita poultry farm has increased egg production threefold thanks to the financial support from the regional government.

Research: How birch trees adapt to changing climatic conditions to effectively carry out photosynthesis.

Bulgaria is facing a catastrophic corn harvest due to the hot summer: exports and production may decrease.

Producers of rice in Kazakhstan are sounding the alarm due to delayed sales of the harvest following a significant drop in prices.

Farmers in the USA are switching to cheaper generic pesticides, weakening the position of agrochemical companies.

Forecast: The grain harvest in Russia in 2025 may increase by 7% to 139.5 million tons, causing disagreements among experts.

In August, China imported 12.14 million tonnes of soybeans, with 84.3% coming from Brazil, and only 202 thousand tonnes from the USA.

From January to August, China bought 53.8 million tonnes of soybeans from Brazil (an increase of 217%) and 12.8 million tonnes from the USA (a decrease of 73%).