Farmer in a soybean field

American Soybean: The Latest Statistics on U.S. Soybean Exports to China

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USA: So far in 2021/22, total U.S. soybean sales to China (shipped and unloaded) are 27.29 million tons, down 23.7% year-on-year. U.S. soybean sales to China in 2022/23 were 5.233 million tons, up 797,000 tons from a week earlier. In March 2022 supply and demand report, the U.S. Department of Agriculture estimated that China’s soybean imports in 2021/22 are expected to be 94 million tons, down from 9,700 tons forecast in February and 5.77% lower than the previous year’s 99.76 million tons.

Mintec Global

Current Market Price in China for Chinese Soybean

Product  Name Chinese Organic Soybean
Type Non-Gmo
Grade A
Moisture 12% max
Package 25kg paper bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1290-1310/mt
Delivery 20 days after the contract