Demand for soybeans from China — the world’s biggest importer of soybeans — is forecast to fall 3.5%-6.1% year on year in 2022 due to lower demand from the downstream feed sector, a survey of market participants at more than 10 major trader, crusher and broker companies by S&P Global Commodity Insights found April 21. Receive daily email alerts, subscriber notes & personalize your experience. Register Now A slowdown in purchasing since November 2021 when the crush margin turned negative had the industry at the start of 2022 conservatively estimating China’s soybean imports for the year at 97.2 million mt, edging up 0.69% from 96.5 million mt in 2021. However, global supply tightened in the first quarter due to a drought in Brazil that delayed harvesting and a slowdown in exports due to bad weather. Soybean prices surged to a record high in March as a result and negative […]