2018 aside (where the proportion of sales to China plummet to 18% of sales share because of a trade war), the Chinese have bought 50-60% of American soy beans. Including 2024.
Now it’s 0%.
This is not “since before 2022”. Here are the approximate percentages for the past 15 years.
2011: 60%
2012: 60%
2013: 60%
2014: 60%
2015: 60%
2016: 60%
2017: 60%
2018: 18% (trade war)
2019: 18% (trade war)
2020: 50%
2021: 50%
2022: 50%
2023: 50%
2024: 50% (estimated)
2025: 0% (likely)
China may have found other sources, but they didn’t switch to them (outside of the 2018-2019 kerfuffle) until, you know, this year.
CHina found other sources for soybean other than USA, that ship has sailed long before 2022.
2018 aside (where the proportion of sales to China plummet to 18% of sales share because of a trade war), the Chinese have bought 50-60% of American soy beans. Including 2024.
Now it’s 0%.
This is not “since before 2022”. Here are the approximate percentages for the past 15 years.
China may have found other sources, but they didn’t switch to them (outside of the 2018-2019 kerfuffle) until, you know, this year.