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The continued spread of African Swine Fever is having an impact on
China’s soybean and soybean meal imports.
The USDA’s Foreign Ag Service says soybean imports during the 2017/18 marketing year 94.095 million tons, but are expected to fall below 90 million this and next marketing year, 84 million for 2018/19 and 83 million for 2019/20, because of ASF, with soybean meal imports and use also declining as feed demand drops.
Updated official projections from the USDA are out Thursday at Noon Eastern/11 Central in the monthly supply and demand report.
Continue reading China soybean imports impacted by ASF spread at Brownfield Ag News.