BUSINESSJul 20 · 22:04 UTCSCMP CHINAIgor Patrick

Brazil widens lead in China’s soybean market as US shipments fall despite Trump-Xi deal

China imported 12.08 million tonnes of Brazilian soybeans in June, a 13.7% annual increase, while US shipments fell 20.6% to 1.27 million tonnes, despite a Trump-Xi soybean purchasing deal. Total soybean imports reached a record 13.55 million tonnes, driven by Brazilian supply.

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BrazilplaceChinaplaceUnited StatesplacesoybeanstopicDonald TrumppersonXi JinpingpersonGeneral Administration of Customsorganization

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