Zero Soy to China, New Lows in BOPO, and a Tariff Threat at the IMO
China’s retreat from U.S. agriculture is accelerating. After already pivoting away from U.S. soybeans—zero shipments in June and July for the first time since 2004—Beijing has now slashed cotton imports as well. U.S. cotton shipments to China in 2024/25 collapsed 83%, with China’s share of exports plunging from 39% to just 6%. Reports of fresh Chinese purchases of Argentine soybeans only underscore the message: Beijing is actively diversifying away from the U.S. farm belt, leaving exporters dangerously exposed.
Want to read more?
Subscribe to globalbiodiesel.com to keep reading this exclusive post.
