Source: Keith Good, FARM POLICY NEWS, UNIV. OF ILLINOIS, 8/23/21


Reuters News reported last week that, “China’s soybean imports from top supplier Brazil fell in July from the previous year, customs data showed on Friday, as poor crush margins weighed on demand. “China, the world’s top buyer of soybeans, brought in 7.88 million tonnes of the oilseed from Brazil in July, down 3.7% from 8.18 million tonnes a year earlier, according to data from the General Administration of Customs.” The Reuters article stated that, “Chinese crushers stepped up purchases of soybeans from the South American country in the earlier months of the year to profit from good margins, driven by a fast recovering pig herd.

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