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Septembert 1997
CHINA SOYBEAN MEAL
CONSUMPTION GROWS IN 1997/98
China's soybean meal consumption is expected to grow to 52
percent of total meal consumption in 1997/98. This is up from 47
percent in 1996/97 and 34 percent in 1994/95. Through the period,
nearly all of the growth in China's protein meal consumption has
resulted from increased soybean meal useage. Consumption of other
protein meals has remained essentially unchanged (see table 18).
In 1997/98, reduced peanut production will result in a nearly
400,000 ton decline in peanut meal consumption. This is expected
to further boost imports and consumption of soybean meal in the
coming year.
For more information see Oilseeds: World Markets and Trade, September 1997.
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