China boosts soybean purchases from Argentina, Uruguay

In China, Reuters reported that China’s soybean importers are boosting purchases from Argentina and Uruguay over the next year to fill the supply gap left by the absence of U.S. shipments as the trade war drags on between Washington and Beijing.

The report noted that Chinese processors may buy up to 10 million metric tons of soybeans from the two South American exporters during the 2025/26 marketing year ending next August, which would be a record, according to two sources.

Data from China’s General Administration of Customs shows that between September 2024 and July 2025, the country imported 5 million tons of soybeans from Argentina and Uruguay.

For the 2025/26 marketing year, importers have already booked 2.43 million tons from the two countries for shipment between September and May.

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