Skip to main content

U.S. Soy Exports to Non-China Destinations up 45% so far

U.S. soybean exports to non-China destinations have increased 45% year-over-year in the first 7 weeks of the 2025/26 marketing year. But that growth made only a slight dent in offsetting the lost demand from China's boycott of U.S. beans.

Analysis of USDA export inspection data for September through October 16--the first 7 weeks of the 2025/26 market year--shows that exports are overall down -2.5 million metric tons from the same period in 2024. Sifting through the USDA database shows that exports to China during this period last year were 4.2 mmt versus 0 this year. Exports to non-China destinations were 3.8 mmt in the first 7 weeks of MY2024/25, but they increased to 5.5 mmt so far in 2025/26. That's a year-on-year increase of 1.7 mmt, or 45%, but plugs less than half of the 4.2-mmt hole left by China's snub of U.S. beans. 


Most of the top overseas markets for U.S. soybeans have increased their purchases. The U.S. has exported soybeans to 34 destinations so far in MY 2025/26. The top markets are Mexico, Egypt, Bangladesh, Pakistan, and Japan, each of which registered increased sales year-over-year. Sales to Bangladesh and Pakistan each increased by about 400,000 mt from last year. Italy, Spain, Turkey, Taiwan, and Iraq registered increases ranging from 76,340 mt to 194,642 mt. Germany, the 6th-largest destination so far, had a drop in sales of nearly 240,000 mt. 


China is also a top buyer of U.S. sorghum, and the latest USDA report indicates that exports of sorghum for MY 2025/26 are down -346,397 mt year-over-year. On the other hand, MY 2025/26 corn exports are up 3.5 mmt and wheat exports are up 1.9 mmt year-over-year, despite lack of sales to China for these grains.
Labels:

Comments

Cybex Exim Solutions said…
Very timely post on how US soy exports are shifting away from China and exploring new markets. The trend analysis and export data you’ve shared offer valuable insight for agribusiness professionals tracking global trade flows. For exporters seeking granular market intelligence and verified buyer contacts, platforms like Cybex specialize in delivering reliable trade data and export intelligence.
October 29, 2025 at 7:37 AM
Post a Comment

Popular posts from this blog

China's Vanishing Soybean Self-Sufficiency Rhetoric

Chinese propagandists appear to have given up on soybean self-sufficiency now that China has gained the upper hand over the U.S. on the soybean trade war front. The barrage of Chinese articles about finding soymeal substitutes, low protein animal diets, corn-soy intercropping, etc. has quietly faded from Chinese media. China's plan to bolster soybean self-sufficiency actually failed, but Brazil's bottomless soybean supplies nevertheless enabled China to snub U.S. soybean producers during last year's trade war. Xi Jinping now is free to make offers of soybean purchases to President Trump in trade negotiations without appearing to do so from a weak position. Mission accomplished, but not in the way Chinese strategists planned. Back in 2019--at the height of the first U.S.-China trade war--China's "Number 1 Document" announced a "soybean revitalization plan" to increase self-sufficiency in soybeans. Soybeans were pronounced to have strategic significanc...
Post a Comment
Read more

Xi Jinping's Doctoral Thesis

Xi Jinping is the vice president and presumed next president of China but little is known about him. In this post the dimsums blog offers its contribution to the genre of Xi Jinping-ology by conveying Xi's decade-old views on agricultural markets. Ten years ago Xi Jinping wrote a thesis, "Tentative Study of Agricultural Marketization" (中国农村市场化研究) for a Doctor of Law degree at Tsinghua University in Beijing, a top breeding-ground for Chinese officials. The dimsums blogger has spent several hours poring over the 200-plus page tome to see what it reveals about Dr. Xi. The thesis is remarkably close to what China has been doing lately in agricultural policy, suggesting that Xi (or the person who actually wrote the thesis) has a major say in policy or is at least in agreement with what's being done. There is nothing adventurous, controversial (or insightful) in the thesis. It seems to be the work of a wonkish technocrat who is not prone to talk out of turn or wander from...
17 comments
Read more

Divergence in U.S. & Chinese egg prices

High egg prices are a hot topic in the United States. China, in contrast, has a glut of eggs and depressed prices.  The March 14, 2025 USDA Agricultural Marketing Service weekly eggs market overview reported that U.S. egg prices continued declining during the second week of March as the supply situation improved. No significant highly pathogenic avian influenza (HPAI) outbreaks have occurred in March and U.S. egg demand is relatively light. The average U.S. wholesale price for Grade A large white eggs was $4.15 per dozen, down sharply from their February peak.  Until 2021, Chinese and U.S. wholesale egg prices had been roughly equal at about $1-to-$2 per dozen with no trend. U.S. prices fluctuated more than Chinese prices, so the U.S. price was sometimes higher, sometimes lower than the Chinese price after converting them to dollars per dozen.  Chinese prices converted using monthly exchange rate and assuming 0.6 kg per dozen. Sources: USDA and China Ministry of Agricult...
4 comments
Read more