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Introduction: as of the week of July 30, the number of ships carrying soybeans from South American ports to China increased significantly compared with that of last week, indicating that the export of soybeans from South America to China began to recover After July 20, Brazil port sailed out four ships of soybeans to China At present, another ship of soybeans is being shipped in the port, with a total volume of nearly 300000 tons These soybeans will arrive at home in September, but there is no forecast for later ships Due to the lack of quality problems and the increasing interest of importers, there are many new ships in this week's report, most of which arrive at the loading port at the end of July and the beginning of August According to the transportation time, these ships will also arrive at home in September On the whole, nearly 1 million tons of South American soybeans will arrive at home in September As the soybeans shipped in the next two weeks can also arrive at home in September, the arrival volume in September will surely exceed 1 million tons The specific data will take half a month to be determined With the decline of CBOT soybean price, the price of South American soybean is quite cheap in the near future We estimate that the cost of transportation to China is about 3000 yuan, and the cost of some ships is even lower At 2800 yuan / ton, the import of low-cost soybean will improve the loss situation of the crushing plant