Brazil surpasses U.S. in China soybean import race

China’s imports of soybeans from the U.S. in January fell 14 percent from the same month a year ago, as Brazil grabbed a larger slice of the world’s biggest market for the oilseed with higher-protein beans. China imported 5.82 million tons of soybeans from the U.S. in January, equal to 67 percent of all imports. In 2017, U.S. beans accounted for 88.5 percent of the January total.