22 May 2026

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Soybean

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China approves wheat, soy imports from Russia

China has approved wheat imports from the Russian region of Kurgan, the Chinese customs office said on Friday, bringing Russia a step closer to its goal of dramatically increasing grain exports.
 



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Grain Soybeans down slightly as market mulls weather, China cancels soy orders

Chicago soybean futures traded slightly weaker on Thursday, after hitting the lowest level in more than a week on export data showing China had canceled soybean purchases for the first time since April.
 

U.S. Agriculture Department data showed the world's top soybean importer canceled purchases of 9,853 metric tons of U.S. soy last week as the bilateral trade war remained unresolved.


Wheat slid for a fourth consecutive session as freshly harvested grain weighed on markets across the northern hemisphere.



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China lifts import duty on soybean, other Indian goods from July 1

NEW DELHI:  The ongoing trade war between China and the United States might improve India’s trade balance with its Himalayan neighbour, as Chinese Cabinet on Tuesday announced a lift of import tariffs on soybean and a few other goods from India and four other Asian nations from July 1. The other four nations are South Korea, Bangladesh, Laos and Sri Lanka. The import tariff on soybean was three per cent earlier. The Chinese cabinet said that it will lift duty on related products such as soymeal, soybean cake, rapeseed and fish meal for the Asian countries.



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