China: Oilseeds and Products Update

Lower feed demand and smaller soybean imports in 2018/19 and 2019/20 are results of significant declines in China’s sow and hog inventories due to African Swine Fever. On the other hand, MY 2019/20 soybean production is estimated at 16.8 million tons, up 5.7 percent compared to previous year, primarily due to increased government subsidies. MY 2019/20 vegetable oil imports are relatively unchanged.

China: Oilseeds and Products Update