China Soybean Imports: 2017(95.5mmt) 2018(88.1mmt)
China Imported 5.72 mmt Soybeans in December.
China posted its largest-ever decline in annual soybean imports in 2018 as it posted consecutive year-on-year declines in November and December.
( ie: tariffs! )
Preliminary December 2018 trade data posted on China's customs website show:
China imported 5.72 million metric tons (mmt) of soybeans in December, bringing the calendar year total to 88.1 mmt.
The December import volume was down 3.8 mmt from a year earlier, following November's 3.3-mmt year-on-year decline.
The calendar-year 2018 soybean import total of 88.1 mmt was down 7.47 mmt from the previous year's 95.5 mmt, the first year-on-year decline since 2011.
2018 soybean imports were valued at $38.1 billion, down 4 percent from 2017.
The average unit value of December soybean imports was (GMO):$445/mt, about 6 percent higher than a year earlier. ( NON-GMO MUCH HIGHER! )
China has not yet released data showing which countries supplied December soybean imports. (Brazil's customs data show 4.1 mmt of soybeans exported to China during December 2018.) -sourced
TEMPORARY TARIFF WARS CHANGE EVERYTHING — TEMPORARILY ANYWAY.
YSYB will prevail; performing & progressing to prosperity!
10K+ Monsanto litigant’s trials are ongoing, proving NON-GMO demand is increasingly on-fire worldwide.
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