Aug 11, 2025
China Purchased 54 Vessels of Brazil Soybeans in Last Two Weeks,
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.
Last week alone, China purchased about 28 vessels of old crop soybeans from Brazil. During the prior week, China purchased 26 vessels of Brazilian soybeans. China's coverage for September is complete and October exceeds 40%, but still without the purchase of American soybeans.
The market continues to be under pressure from the fundamentals of a good harvest developing in the Unted States and the absence of China from the U.S. market. China's absence from the U.S. market could be viewed as a negotiation tactic concerning tariffs. The assumption is that China will eventually purchase some soybeans from the U,S., but when and how much is uncertain.