China Soybean Crush Growth Outpaces Imports, Feed Demand

Stronger processing and feed demand are supporting China’s soybean market, while Brazil remains the dominant supplier.

NASHVILLE, Tenn. (RFD News) — China’s soybean crush accelerated during the first half of 2026, signaling stronger processing demand even as import growth remained modest. Retired USDA economist Fred Gale reports crushers processed 47.8 million metric tons, up 6.4 percent from last year.

Soybean imports totaled 50.15 million metric tons during the period, up only 1.5 percent. June imports reached 13.55 million metric tons, while June crush totaled 9.95 million metric tons.

Crush growth also exceeded the 3.9 percent increase in industrial feed output. Meat production rose 4.3 percent, including stronger pork and poultry production, supporting soybean meal demand from livestock and poultry sectors.

Brazil’s record soybean crop supplied much of the available raw material. New crushing capacity also contributed, with several inland Chinese regions posting double-digit processing growth.

July crush is estimated near 10.2 to 10.5 million metric tons. Continued strong processing could support soybean demand, although Brazil remains the dominant supplier during its export season.

Farm-Level Takeaway: Strong Chinese crushing supports soybean demand, but U.S. growers still face heavy competition from Brazilian supplies.
Tony St. James, RFD News Markets Specialist

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

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