Brazil targets record soybean exports of 116.3 million tonnes in 2026 as China shifts purchases away from the US

12 Aug 2026
Brazil targets record soybean exports of 116.3 million tonnes in 2026 as China shifts purchases away from the US

China imported 12.08 million tonnes from Brazil in June alone, up 13.7% year on year, while US soybean shipments to China fell 20.9% in the same month as tariff differentials widen.

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