China Soy Imports Fall 7.8% as Brazil’s Harvest Lags

2026-03-10 - 13:33

Key Points — China imported 12.55 million metric tons of soybeans in January–February, down 7.8% year-on-year, as delayed U.S. shipments, a slower-than-expected Brazilian harvest, and extended customs clearance combined to tighten supply. — The decline is expected to reverse sharply: March arrivals are forecast at 6.4 million tons — nearly double the same month last