China soybean imports rise 18% through July as Brazilian cargoes arrive

BEIJING - China’s soybean imports rose 18% this year through July versus a year ago, as large volumes of soybeans bought cheaply from top supplier Brazil arrived in the country, according to data from the General Administration of Customs.

China, the world’s biggest buyer of soybeans, brought in 10.09 million tonnes of beans last month, up from 8.63 million tonnes in July 2019 but below June’s record 11.16 million tonnes, the customs data showed. Soybean and soymeal inventories in China have risen significantly after hitting record lows earlier this year as the Brazilian cargoes replenished supplies.

Our soybean farmers better move on. Trump destroyed their market share with his “trade war”.

Let's see if the Chinese try to retaliate against US farm products after Trump's move against TicTok.

Last year, more than 1 million hectares of amazon rainforest were burned.

Ya all we sell to them is soy. And we let them take our useless dollars with no jobs. Trade is zerosum Unless they realize empty homes that don’t create revenue is a dead asset like bitcoin at least you can cash it outside China lol. Taxevasion laundering for the stupid 制裁!

New fires are coming in amazons.

That’s a lot of soy sauce.

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