Evening Newsletter

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Featured Research:

Chinese Soybean and Feedgrain Imports in February

Mar 23, 3:02 pm | China, Corn, Soybeans

Preliminary Chinese trade data with February soybean import data was released 2 weeks ago, and the complete trade report that includes additional information such as imports by origination, was released on Thursday. Soybean imports from all countries totaled 5.54 MMTs in February, a rather typical decline from January, but 23% larger than a year ago and the largest February import total on record. Thursday’s trade report showed that 4.4 MMTs (80%) arrived from the US, while total imports from S America totaled 0.687 MMTs (12%) originated from S America. Note that imports from the US tend to peak in December, while imports from Brazil normally accelerate in April. Due to the early Brazilian harvest this year and record large Jan/Feb…

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