China’s Soy Imports Reach New Record as Shift From U.S. to Brazil Accelerates

China imported a record 13.9 metric tons of soybeans in May, a 129% increase over the previous month, as buyers moved aggressively to bulk up on inventories in anticipation of rising prices brought on by the global tariff war.

Monday’s trade report by China’s General Administration of Customs also confirmed that Chinese soybean importers are accelerating their shift away from U.S. suppliers.

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by Eric Olander

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