USDA Attaché: China 2026/27 Soybean Imports Seen at 110M Tons, Tariffs Shift Sourcing

USDA attaché projects China's 2026/27 soybean imports at 110 million tons, with state-owned enterprises continuing US purchases despite a 10% retaliatory tariff, while commercial buyers pivot to South American suppliers. The forecast highlights trade diversion effects of ongoing tariffs, with implications for US export volumes and South American market share.

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