China’s soybean stocks hit record high amid trade war with US

In August, China’s soybean stocks reached a record high amid the trade war with the United States. This is reported by Bloomberg.

According to the agency, China imported 12.28 million tons of soybeans in a month. The decision was made to stockpile to create a buffer in case of a possible deficit due to the ongoing standoff with the United States.

Previously, China mainly purchased soybeans from the United States, but amid trade tensions in September, Brazil became the main supplier of beans. According to reports from the US Department of Agriculture, the Asian country has probably not booked a single American cargo for the 2025-2026 season. Currently, soybean stocks in China amount to about 6.8 million tons – the highest since March 2025.

In January-August, the volume of Chinese-American trade decreased to about $380 billion (minus 14.4 percent year-on-year), according to the General Administration of Customs of the People’s Republic of China. Beijing’s deliveries fell at a faster rate than Washington’s – 15.5 percent versus 11 percent, but China’s share of bilateral trade is still almost three times higher than that of the United States – $282.95 billion versus $97.11 billion.

Tags: China, soybean, stocks