China’s September Soybean Imports from Brazil Soar 51 Percent

China’s imports of soybeans from Brazil jumped 51.4 percent in September from a year ago, data showed on Sunday, as cargoes purchased earlier in the year cleared customs.

RIO DE JANEIRO, BRAZIL - China, the world’s top buyer of soybeans, brought in 7.25 million tonnes of the oilseed from Brazil in September, up from 4.79 million tonnes last year, data from the General Administration of customs showed.

Chinese bean crushers booked large volumes of Brazilian beans earlier in the year on margins lifted by robust demand to feed a domestic pig herd recovering from the impact of an outbreak of African swine fever.

In total, China brought in 9.8 million tonnes of soybeans from all origins for the month of September, up 19 percent from . . .

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